Mexican Tariffs Are Gone

September 1998

Timepieces:Data & Statistics

Mexican Tariffs Are Gone

Effective last month, watch producers may export watches assembled in Mexico to the U.S. and pay no duty. Under the North American Free Trade Agreement, duties on primarily quartz analog watches have been eliminated and are equivalent to the same no-tariff agreement the U.S. has had with Canada.

Thus far no company has announced Mexican-based production, but with potentially strong cost advantages, don't rule it out.

 

 

 



Copyright © 1998 by Bond Communications.


 

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