Mexico will strengthen monitoring of low-price textile imports

According to a report by Mexico’s “Reforma” on April 21, Mexico’s Finance Minister Videgaray announced that the minimum reference price list for imports of textiles and clothing will be more stringent. Currently, a total of 625 such commodities are included in the list. , and are subject to price monitoring, but from May 16, this list will be expanded to products with 1,142 tax codes, of which 662 products are textiles and 480 are clothing. In addition, the classification of such goods will be detailed. change. Due to measures taken by the Mexican government, only 5% of ready-made garments and 6% of textiles were identified as low-price imports in the first quarter of this year. Mexico will strengthen monitoring of low-price textile imports