Mexico Intends To Reduce Tariffs On Shoes Manufactured Goods Or Disrupt The Market.
Mexico media reported on December 23rd that the chairman of the Mexico Manufacturing Industry Association asked the Mexican government to stop the unilateral reduction of tariffs on manufactured goods, on the grounds that Mexico and the world economy are facing a complicated situation that is against industrial competition.
The chairman of the chamber of commerce also asked the government to postpone unilateral tax cuts for countries that did not sign a free trade agreement with Mexico, saying that the tax cuts for these countries did not feel conducive to the development of the domestic market.
After a week's cancellation of the pitional measures, Mexico
Manufacture
The chairman of the chamber of Commerce said that the tax reduction for intermediate products, raw materials and manufactured goods is different. We should be cautious about this, or at least stop the tax cut policy for manufactured goods.
Tax cuts on manufactured goods can not effectively protect national industries, while effective protection is reflected in different tariffs on manufactured goods and raw materials.
If effective protection is achieved, Mexico's national industry will be competitive. If it fails to achieve effective protection, it will lose some competitiveness.
The difference between finished products and raw materials is that the manufacturing process is the process of producing value-added and creating employment. Therefore, we must strive to make breakthroughs in this area.
Unilateral tax cuts for countries that have not signed free trade agreements with Mexico have weakened the ability and space for manufacturers of Mexico to invest and create profits, which is needed to enhance competitiveness and expand employment.
The footwear industry association of Mexico said reducing tariffs on manufactured goods would result in cheap and inferior products.
commodity
Entering Mexico
market
To disrupt competition and domestic market.
The chamber of commerce also asked the Mexico customs to strictly supervise the origin of the country and strictly impose taxes. It should be Mexico's free trade agreement with the European Union and the United States.
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