Colombia Slaps a 35% Tariff on Cheap Shoes to Curb Shein and Temu
3 Articles
3 Articles
Colombia Slaps a 35% Tariff on Cheap Shoes to Curb Shein and Temu
Colombia set a 35% tariff on low-priced imported shoes, a move aimed at cheap Asian e-commerce like Shein and Temu and at protecting local makers. The post Colombia Slaps a 35% Tariff on Cheap Shoes to Curb Shein and Temu appeared first on The Rio Times.
The Government of Colombia issued Decree 0594 of 2026, which established a 35% tariff for imports of footwear whose declared FOB price is equal to or below certain thresholds.The Ministry of Commerce, Industry and Tourism explained that it aims to strengthen national industry.The measure will apply to tariff items 6401, 6402, 6403, 6404 and 6405 when the declared value is equal to or less than thresholds ranging from $7 to $11 per pair.In the ca…
The measures will apply to imports from countries without a trade agreement with Colombia and will govern for values declared between US$7 and US$11 per pair
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