(Translated by Argentinian Chinese Media on May 13th, Huang Dong) The Argentine government has recently confirmed that it will fully eliminate the import tariff on mobile phones. According to presidential spokesperson Adoni, this measure will be carried out in two stages and will officially be completed on January 15, 2026. He also stated that "the domestic tax on imported mobile phones, televisions, and air conditioners will decrease from 19% to 9.5%, while the domestic tax on the aforementioned products manufactured in Tierra del Fuego will drop from 9.5% to zero."
Adoni made the announcement during a press conference held on Tuesday, with Economic Minister Caputo also present. It is expected that an official announcement will be released on Thursday or Friday of this week.
It was reported that the announced tax reduction measures will be implemented in two phases. The first phase will begin immediately after the release of the official announcement, reducing the import tariff on mobile phones from 16% to 8%; the second phase will commence on January 15, 2026, ultimately eliminating the mobile phone tariff entirely, i.e., reducing it to zero.
According to the government, this is part of its economic plan aimed at seeking to relax market regulation, promote competition between producers and importers, and simultaneously reduce the sales price of mobile phones in the domestic market.
Adoni also introduced that "the domestic tax on mobile phones, televisions, and air conditioners will be reduced," which will be carried out concurrently with the reduction in mobile phone import tariffs. Specifically, the domestic tax on the aforementioned imported electronic devices will decrease from 19% to 9.5%, while the domestic tax on the aforementioned products manufactured in Tierra del Fuego will drop from 9.5% to zero.
Adoni stated: "Through this comprehensive tax cut, it is expected that the price of imported electronic products will decrease by at least 30%, thereby aligning the prices in Argentina with those in neighboring countries."
Adoni also announced via social media that "the import tariff on gaming consoles such as PlayStation and Xbox will be reduced from 35% to 20%." However, he did not specify the implementation date.
Original article: https://www.toutiao.com/article/7504216138143531583/
Disclaimer: This article solely represents the views of the author. Please express your opinion by using the 'thumbs up/thumbs down' buttons below.