NEWS

Argentina officially announced a reduction in import tariffs on 89 categories of goods including tyres

Date: 2024-10-22 17:20:20

On 16th October, the Argentine government, through Resolution No. 908 in the official announcement, declared a reduction in import duties on 89 products, including appliances, tyres, fertilizers, and major plastic raw materials. This includes essential automotive components like car and motorcycle tyres.

The new duties for most products will take effect immediately, but the import duties on tyres will decrease gradually.

  ●  For car tyres, the duty will be reduced from 35% to 16% in four phases: the first three phases will see a reduction of 5 percentage points every time, and the final phase will decrease by 4 percentage points.

  ●  For motorcycle tyres, the duty will drop from 35% to 20% over two phases, with reductions of 10 percentage points and 5 percentage points, respectively. 


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