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Mexico Amends Minimum Prices for Textile, Apparel and Footwear Imports

Mexico recently amended its regulations on payment of duties on goods subject to estimated prices for valuation purposes to add new tariff subheadings covering textiles, apparel and footwear and change estimated price amounts. The April 29 notice in the Mexican…

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Diario Oficial adds 545 new tariff provisions to the lists of goods subject to estimated prices, 234 of which were recently added to the Mexican tariff schedule (see 1904110057), according to a circular from the Confederation of Mexican Customs Broker Associations (CAAAREM). For footwear, reference prices were increased for four subheadings and decreased for seven. For textiles and apparel, reference prices were increased for 498 subheadings and decreased for 51, said the circular, which was posted by trade consultancy AJR Comercio Exterior.