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Authorities give daily follow -up to tariff issue with the US.

Authorities give daily follow -up to tariff issue with the US.

The Minister of Industry, Commerce and MSMEs, Víctor -ito- Bisonó, reiterated on Wednesday that The Dominican government It maintains constant technical and political monitoring of tariff negotiations with the United States, in the middle of a scenario that described as changing and uncertain.

During his statements to the press, Bisonó explained that the decisions of the US governmentparticularly under the administration of President Donald Trump, have been variable, with processes, extensions and positions that change frequently.

In that sense, he stressed that the Dominican Republic has adopted a cautious strategybased on permanent contacts at a technical and diplomatic level.

“We as a country have to be very cautious and carry our day to day with direct contact both in The technical As a politician, “he said.

The minister acknowledged that, although the established tariff base By the US, it is 10 %, this may vary according to the origin of the components of the exported products. He cited as an example that a shirt with more than 20 % of US supplies can pay 6 % instead of 10 %.

Respect in Dr-Cafta

  • Bisonó also said that, despite the fact that the Dominican Republic is among the countries with lower tariff rates In the region, together with other Nations of the Caribbean and Central America, the country aspires to respect the current preferential agreements.

“We do not want any fee; we would like to be respected DR-CAFTA“He said, while recalled that other countries in the region face tariffs of up to 30 %.

Reiterated that they are working on The Technical Front And in the political front, “but we cannot set a position because things change.”

He also stressed that the Dominican Republic has been a United States reliable partnerwith a positive trade balance, without illegal migration problems and with effective cooperation in the fight against drug trafficking.

“There is a daily follow -up in the technical and political for us to have the best of conditions and also demand that we are good partners. We do not have illegal migration, we fight the drug, we have a balance that is positive for the United States and our partners of our investments are casually American companies and American processes. So, we have to have a deal that I think is consistent with that same, “concluded the official.

Graduated in Social Communication by the Dominican University O & M. He studied international trade in the European Postgraduate Center. It has several diplomas in economics, customs, electricity sector, taxes and research journalism.

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