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reduces tariffs on refrigerators, washing machines, tires and plastic products

reduces tariffs on refrigerators, washing machines, tires and plastic products

The presidential spokesperson, Manuel Adorni, announced the measure this Saturday through his official account on the X platform (ex Twitter).

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He presidential spokesperson, Manuel Adorniannounced this Saturday a reduction of Import tariffs on refrigerators, washing machines, tires, and plastic suppliesafter the announcement that lowers taxes on the automotive sector: “This implies better prices and a higher level of competition in the market that will benefit us all.”

The La Libertad Avanza (LLA) official explained each of the items that will reduce their import tariffs with decreases that even reach 35%:

  • Refrigerators and washing machine: from 35% to 20%. “This way they will once again have the tariff that the Mercosur member countries share.”
  • “Tires: from 35% to 16%. This will represent a relief for freight and people transportation companies.”
  • “Main plastic inputs: from 12.6% to 6%. “Less cost, favorable impact for consumers who demand the various goods manufactured with plastic inputs (ranging from food packaging and personal hygiene products to household appliances and toys).”

“This implies better prices and a higher level of competition in the market that will benefit us all. The pace is firm. Have a good weekend,” Adorni said after announcing the reductions in tariffs.

The Government and the reduction of tariffs

A week ago, the Government had announced a reduction in taxes and import tariffs for the automotive sector, with the aim of improve competitiveness and boost growth, announced the Minister of Economy, Luis Caputo, through the social network X.

Currently, this sector It has 10% of the total industrial production and generates more than 75 thousand jobs.

The minister also said that “The exemption from export duties for incremental exports that was in force since 2021 will be maintained and the Stock Replenishment (Repostock) regime will be systematized and digitalized.”

These measures “They will allow suppliers to sell parts to the terminals with a reduction in tariffs and taxes and will generate a drop in the cost of national auto parts destined for export.”

News in development.-

Source: Ambito

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