HomeWorld

US tariffs on free trade zones represent a loss of competitiveness

World 1 source 1 country 🔦 Under-reported 9m ago

The United States has imposed a 12.5% tariff on products originating from free trade zones in the Dominican Republic. This policy change is expected to increase the production costs of Dominican goods intended for the American market.

Industry analysts indicate that this tariff creates a significant risk of reduced competitiveness for Dominican exports. The added costs may disadvantage local producers when compared to international competitors that currently access the U.S. market under more favorable conditions.

In-depth summary · AI, neutral
Read the full story at the source Diario Libre (Santo Domingo, Dominican Republic) · DO
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →