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

Communities reject developer proposal at Playa Las Cocinas in Nayarit

Communities reject developer proposal at Playa Las Cocinas in Nayarit

Communities in Punta de Mita reject a five-meter proposal and seek 20 meters of recovered...

CJNG Succession Narrows After the Fall of El Mencho and El Jardinero

Federal officials now see El 03 and El Sapo as priority CJNG targets after El...
Mexico Tourism Faces 2026 Security and Travel Cost Risks

Mexico Tourism Faces 2026 Security and Travel Cost Risks

Tourism analysts warn insecurity, weak promotion, visa barriers and higher visitor fees could limit Mexico’s...
Mexico’s AI assembly boom ties Taiwan to U.S. demand

Mexico’s AI assembly boom ties Taiwan to U.S. demand

UBS says Mexico is gaining from AI hardware demand as Taiwanese firms assemble components for...