Mexico to Extend Temporary Exemption on Import Tariffs to Tame Inflation

Mexico's government said on Friday that it will issue a new decree for a temporary exemption on import tariffs for various items, a measure intended to tame inflation, Reuters reported. The new decree, set to be published in the official gazette on Friday, will extend a prior order to temporarily waive tariffs and include more items, according to a government statement. Various food and personal hygiene items, animal feed and inputs for agriculture are included on the list for the exemption, which will be valid through the end of 2023. Read more.