Argentina raises import duties - report
ERJ staff report (DS)
Buenos Aires -- A report from Xinhua News Agency and quoted on the CRIA website, says the Argentine Federal Public Revenue Administration is raising import tariffs on tyres and various products based on polyester.
The report says, in translation, "According to the announcement that Argentina will increase the cars, buses, trucks and farm machinery, car tyres import reference price. This measure involves 392 tyre imports, the price increase in between 30-38 percent. In addition, the bulletin also announced increases in grain products, imports of polyester price in order to strengthen the protection of domestic polyester industry."
The measures are directed at imports from many countries in South-East Asia as well as China, said the report.
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Report on CRIA website Chinese language
Above report auto-translated from Chinese
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