Reduced Import Tariffs Announced For Mexico

Everyone should be happy with this news.

Mexican President Calderón was in the Todos Santos area last week to film an opening announcement about the new upgraded highway to Los Cabos. The highway isn’t finished yet but great progress has been made and most of the road (not bridges) should be usable in just a few more months. The project is massive and it’s no wonder it is taking some time to complete. It’s worth the wait – the drive to Cabo will be so much safer, faster and easier with the completed 4 lane upgrades.

Calderón also visited Tijuana where he announced reductions to import tariffs for all of Mexico. These changes could greatly reduce the cost of imported clothing, electronics and alcohol. The following is quote from the La Paz Gringos newsgroup.

Clothing, television screens, appliances, alcohol and 200 other goods will no longer be levied an import tax in Baja California Sur, after the declaration of a Border Economic Zone covering the entire peninsula. On Friday, President Calderon and his economy minister, Antonio Meade signed in Tijuana a decree for the competitiveness and tariff reduction.

With this decree, coupled with the recent release from import duty of 204 other items, products that come not only from America but from Asia may be had at more competitive prices for local merchants. Canned fish, articles for health care, clothing, footwear, big screens, wines and spirits, among others, are products whose tariffs will be reduced and also allow labeling at point of sale and not in the area input allowing further lower marketing costs.
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(If you are reading this post on any blog other than www.todossantos.net then you are reading copyrighted content that was reposted without permission of the author, i.e. Howard Ekman.)

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