Mexico Cancels Anti-Dumping Duty On My 749 Products

In June 1st, China and Mexico signed an agreement in Peru, the city of AREQUIPA, and decided that the Mexican side would formally cancel the anti-dumping duties imposed on 749 products, accounting for 78.6% of the total 953 anti-dumping duties that I have imposed on Mexico.

However, according to the Ministry of Mexico's economy, Mo will continue to levy anti-dumping duties on 204 sensitive products in the next 4 years (as of December 11, 2011).

At present, Mexico has imposed anti-dumping duties ranging from 2.58% to 1105% on 16 categories of 953 tariff codes, mainly clothing, toys, textiles and footwear.

From November 2007 to April 2008, the Chinese side has held 4 rounds of consultations with Mexico. Its main industries are textiles, clothing, footwear, toys, bicycles, baby carriages, tools, household appliances, mechanical and electrical products, chemical products, lighters, pencils, valves, locks and candle candles.

The above industries account for 9.5% of the total output value of the ink manufacturing industry and provide 1 million jobs.

The ink government will submit the above agreement to the Senate.