Concamin • Economy and finance • Forbes México

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The Confederation of Industrial Chambers (Concamin) assured that tariffs on textile products from Asian countries without trade agreements with Mexico will stop the decline and loss of jobs in the fashion industry in the country.

“The Mexican fashion sector has faced severe impacts for years, including the loss of thousands of jobs and the drop in production, as a result of the increase in illegal and unfair imports, mainly from Asia,” he indicated.

The industry appreciated the commitment of Claudia Sheinbaum’s government to impose tariffs of between 15 and 35 percent on textile imports.

“This decree represents a significant advance for the sector, by implementing two key measures by the government of Claudia Sheinbaum Pardo,” he said.

He added that the increase to 35 percent of tariffs on ready-made goods (138 fractions) and 15 percent on imports of textile merchandise (17 fractions) from countries with which Mexico does not have free trade agreements is a significant advance. .

Read: Premature to talk about economic effects of possible tariffs: Fed

Concamin explained that with the expansion of the list of products that cannot be imported through the Manufacturing, Maquila and Export Services Industry (IMMEX) program, abuses that affect fair competition in national territory are avoided.

He stated that Mexico has been affected by abusive practices in the IMMEX scheme, where goods destined for industrial processes and export ended up irregularly in the national market, generating unfair competition for Mexican companies.

“This achievement has been possible thanks to years of joint work between the business chambers CANAINTEX, CANAIVE and CICEG, together with CONCAMIN, from where we have consistently promoted measures to boost national industries and workers in the sector,” recalled the organization directed by Alejandro Malagón Barragán.

“The decree signed in the National Palace is a firm step that will allow the development of a fundamental industry for the national economy and the generation of decent employment for Mexicans,” he said.

“With these actions, the competitiveness of the sector is reinforced, providing certainty and protection to thousands of Mexican workers, entrepreneurs and families who depend on the textile and clothing industry,” he noted.

“Today the commitment of the authorities and we reaffirm our willingness to continue collaborating to strengthen the Mexican industry,” he stated.

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