Within that framework, the industrial chamber stated that “it is worrying that LA Commercial Integration Agenda is not accompanied by a competitiveness agenda within the country“And they specified the different components of”Argentine cost “: fiscal pressure, macroeconomic imbalances and lack of credits.
“The competition against imports of final goods, especially some countries, becomes unequal and unfair”They synthesized.
For its part, the position of the Argentine industrial camera of clothing (CIAI)from where they pointed out that the measure will lead to “the destruction of thousands of jobs And the break of hundreds of industries ”, so they described the decision as a”Industry“
In a statement, they pointed out that the measure “favors the unfair competition of imported products, which They enter our country at ridiculous prices due to the cheap dollar and the labor and tax costs they face in Asian countries where they are manufactured. ”
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Important 2
Reduction of import taxes, footwear and fabrics
With the aim of lowering local prices and increasing competition, we will reduce taxes on the importation of clothing, footwear and fabrics. From a decree that will be published in the …
– Totocaputo (@luiscaputoar) March 14, 2025
Import tax drop, footwear and fabrics
After it was known that the consumer price index February rose 0.2 points Regarding January, reaching 2.4% the Minister of Economy, Luis Caputo, went out to announce a reinforcement of government opening policy with greater facilities for the importation of fabrics, clothing and footwear.
“With the aim of lowering local prices and increasing competition, we are going to reduce taxes to the importation of clothing, footwear and fabrics. From a decree that will be published in the next few days in the Official Gazette, Clothing and footwear tariffs will be reduced, which will go from 35% to 20%; from fabrics from 26% to 18%; and of the different courses from 18% to 12, 14 and 16%, “announced the head of the Treasury Palace through social network X.
There he points out that “Argentina remains the country with the most expensive clothing in the region and in the world “and affirms that” a Survey on international brand products indicates that a T -shirt costs 310% more than in Spain and 95% more than in Brazil. “
“In the same way, A jacket costs 174% more than in Spain and 90% more than in Brazil. We continue to reduce taxes and tariffs to promote competition and continue to lower inflation, “says the publication.
Source: Ambito