Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Shoes In Mexico Are About to Get More Expensive

Mexico's government said it will impose a tariff of up to 30 percent on footwear imports, part of a package of measures to combat what it says is unfair competition in that sector.

During the Leather and Footwear Fair in the central city of Leon, Mexican Finance Secretary Luis Videgaray said all footwear imports will be hit with a tariff equivalent to between 25 percent and 30 percent of their declared customs value.

The package of measures nullifies a decree that had established a program of phased tariff reductions.

In recent years, Mexico has carried out an "indiscriminate process . . .

Read Full Story

Related Posts

EU Trade Pact With Mexico Moves Closer to Approval

EU Trade Pact With Mexico Moves Closer to Approval

EU countries approved the next step for a modernized Mexico pact covering trade, security, climate,...
Five Wild Axolotls Found in Mexico City Wetland

Altiplano axolotl found again in protected Mexico City wetland

Five Altiplano axolotls were found in Lago Tláhuac-Xico, giving conservation teams new data on a...
White House Names Canada as New Mexican Cartel Hub

White House Names Canada as New Mexican Cartel Hub

A new U.S. drug strategy says Mexican cartels are using Canada for synthetic drug production,...
Los Cabos Rally Finish Draws More Than 200 Teams to Town

Los Cabos Rally Finish Draws More Than 200 Teams to Town

Los Cabos hosted the final stage of the NORRA Mexican 1000, bringing more than 200...