The Mexican government announced the end of a temporary trade regulation on Thursday: the duty -free import of ready -made shoes is discontinued. According to President Claudia Sheinbaum, this regulation has affected production and employment in the sector.
This decision is the youngest in a number of measures that the left -wing government has taken to protect domestic industry from the competition through duty -free imports of large global producers such as China and other countries. It takes place in the middle of the global commercial offensive of US President Donald Trump, in which Mexico is heavily involved as the most important trading partner of the United States.
“Finished products do not need a permit for temporary import. Therefore, there is no temporary import for ready -made shoes from today,” said Sheinbaum during her morning press conference. The government did not provide any information from which countries the imports affected by the measure come. According to official data from 2024, the most important suppliers in the shoes and hats area are China; Vietnam; Indonesia; Italy and the USA. This type of measures usually do not affect countries with which Mexico has free trade agreements.
The regulation for the temporary import in 2021 allowed Mexican companies to import ready -made shoes duty -free in order to sell them to foreign customers with high profit margins: inside, but also on the local market. According to the Ministry of Economic Affairs, it is the “abuse” of a regulation that was originally intended to promote the import of raw materials that are used to manufacture products that are intended for the US market.
As a result, Mexico exported less than a few shoes per imported couple in 2024. In 2021, the ratio was still six exported to an imported couple, said Minister of Economics Marcelo Ebrard. “This measure will enable us to restore and increase the jobs in the shoe industry and increase domestic production,” he added.
Similar measures were taken in December 2024 to protect the Mexican textile industry. This included the introduction of temporary tariffs to a number of clothing clothing and raw materials as well as the expansion of a list of textile products that are excluded from the duty -free import program.
This article was used with digital tools translated.
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