Mexico\u2019s economy and finance ministry recently imposed anti-dumping duty (ADD) on import of footwear originating in China following a probe that found such merchandise entered Mexico under dumping conditions, which affected the national footwear industry.<\/p>\n
The notice regarding the decision was published in the official gazette. The ADD took effect from September 4.<\/p>\n
Mexico’s economy and finance ministry recently imposed anti-dumping duty (ADD) on import of footwear originating in China following a probe that found such merchandise entered Mexico under dumping conditions, which affected the national footwear industry.
\nThe ADD, between $0.54 and $22.50 per pair, took effect from September 4.
\nThe anti-dumping investigation began on April 26, 2024.<\/p>\n
\u201cConsequently, in order to provide fair competition conditions and defend the interests of the national production plant, definitive compensatory quotas of between $0.54 and $22.50 per pair will be established on imports originating in China that enter below the reference price of $22.58 per pair. These quotas will be in effect for the next five years and may eventually be extended,\u201d the ministry said in a statement.<\/p>\n
The anti-dumping investigation began on April 26, 2024.<\/p>\n
The products investigated included boots with synthetic uppers and soles; basic, formal and dress sandals with synthetic uppers and soles; athletic sneakers with synthetic uppers and soles; athletic sneakers with textile uppers and synthetic soles; casual footwear with textile uppers and synthetic soles; and basic, formal, and dress sandals with textile uppers and synthetic soles.<\/p>\n
Meanwhile, a new customs law will be discussed in the country\u2019s parliament, changes in which will strengthen the Mexican government\u2019s oversight capacity and penalise those who misuse customs patents.<\/p>\n
Measures are also being taken to protect the textile and footwear industries by reducing and stopping temporary import of finished products.<\/p>\n
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Fibre2Fashion News Desk (DS)<\/p>\n
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