textiles warn about the unwanted effects of tariffs

textiles warn about the unwanted effects of tariffs

The Textile entrepreneurs They consider that the import opening promoted by the Minister of Economy, Luis Caputo, It is an unfair punishment on the sector, which has been for 22 months to have values ​​below the consumer price index (CPI) measuring the National Institute of Statistics and Census (INDEC).

Faced with this, they warn that there will be More dismissals in the sector and factor closureand that prices are not going to go down. This was assured andl Vice President of the Protejer Foundation, Marco Meloni, in statements a Scope.

The history of nonsense to industry is repeated, especially at such a delicate moment in the world where everyone is protecting themselves. The only thing we don’t copy Donald Trump It is to defend national work, ”Meloni said when referring to the change of commercial policy in the United States that came from the hand of the Republican President.

According to Meloni, The highest cost of textile activity is not merchandiseif the marketing circuit of the Shoppings is taken into account, where international brands appear that are then compared by Argentines who visit other countries.

In fact, there are studies prepared by The Protected Foundation in which it is warned that the real cost of the local industry would be 8% in the fine pricel. After that there are taxes, especially gross income, interest and rental costs in large sales surfaces, among others.

The Government low tariffs

The Government confirmed a decree on Monday a Reduction of import and footwear import tariffs, which will go from 35% to 20%; of fabrics from 26% to 18%; and the different types of yarns from 18% to 12, 14 and 16%, returning to tariffs prior to 2007.

“In a comparison with nine countries with PBI per capita medium-high (England, Spain, Mexico, Uruguay, United States, France, Brazil and Chile), Argentina is the country with the most expensive clothing in the region, ”said the Ministry of Commerce.

The industry provides null effect on prices and employment drop

But for Meloni the reduction of tariffs can have almost null effect on prices and with the cost of loss of jobs.

The businessman estimated that In the case of shopping malls “can lower between 2% and 4%” while in the circuit of neighborhoods and “saladitas” values ​​could be kept immutable. The leader gave the example of an entrepreneur who, on the one hand buys fabric and on the other he commands to make, for example, pants sold in the flower circuit at $ 14,000. “Although the amount is not going to lower the price of $ 14,000,” he explained.

When asked about What could be the loss of jobs in the sector, said they would be “about 50,000 in the next two years.” “Then destroy the entire sector that weaves and wash the fabric. And everyone who makes,” he said.

Meanwhile, he complained about Luis Caputo: “And also how the minister rewards you?– he wondered-, Because 22 months ago we are below the CPI. In February we were 0.4% and and the CPI was 2.4. They don’t read anything, they don’t see it. ”

CHAU A CRITERIA VALUES

But if there is something that worries entrepreneurs, above the value of imports, since Since approximately 50% of what is sold of textiles in the country, it is imported, is the cancellation of “CRITERIA VALUES” of customs.

It is a tool that local cameras had to prevent merchandise at lower values ​​than in the reference markets. That indicator no longer counts, and therefore they fear that you begin to get clothes at dumping value.

Source: Ambito

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