Surtaxes of up to 45% to 2800 imported products start from today

Starting this March 11 the balance of payments safeguards for a total of 2800 tariff items is made effective.

Last March 6 the Committee of Foreign Trade (Comex) issued the Resolution 11, through which a tariff surcharge of between 5% and 45% for consumer goods was fixed and, to some extent, commodities and capital goods.

The rule shall apply for 15 months and aims to avoid impacts on the national economy by falling in oil prices and the appreciation of the dollar. This is an additional tariff for the 32% of purchases in the country, which seeks to reduce $ 2,200 million of imports.

Payment of safeguarding shall apply to all products that appear in Resolution 11 which, leaving the port of origin from today, arrive to the country, said yesterday Xavier Cardenas, director of the Customs.