Cement News tagged under: import tariff

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US import tax on Mexican products to have little effect on Mexican cement

04 June 2019, Published under Cement News

The five per cent import tariff on all Mexican products, imposed by US President, Donald Trump, would not impact the cement industry as shipments to the US represent only 3.4 per cent of the total domestic output, assured Yanina Navarro, general director of Mexico’s chamber of cement, Canacem. In 2018 Mexico produced 44Mt of cement but only exported 1.416Mt. "Cement is a very local product, even moving it within the country implies a lot of logistics, which is why it represents very little...