Mexico Manufacturing Association Lowered Tariffs &Nbsp, Disrupted The Competitive Market.
Mexico Manufacturing Association
The chairman asked the Mexican government to stop at least the unilateral reduction of manufactured goods.
tariff
The reason is 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.
market
Development.
A week after the cancellation of the pitional measures, the chairman of the Mexico Manufacturing Industry Association said that for intermediate products,
Raw material
Tax cuts for manufactured goods are not the same; they should be cautious, and at least stop the tax cuts 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 has said that reducing tariffs on manufactured goods will lead to cheap and inferior commodities entering the Mexico market, disrupting 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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