News

No going back for Mexico over Chinese imports

01/09/2011

Mexico’s federal finance minister, Bruno Ferrari, has said his country will not put its reputation as a serious trading partner in peril by going back on its agreement to end quotas on imports of Chinese shoes at the end of 2011. At the moment, imported Chinese shoes carry duties of 70%; this will drop to 0% on December 11. “It’s not in our...

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