Argentina to eliminate tariff on computers, tablets
Argentina will get rid of a 35 percent tariff on imports of computers, laptops and tablets, the Production Ministry said on Monday, part of a larger effort to lower consumer prices and roll back protectionist policies.
The government hopes the elimination of the tariff, which will take effect in April, can normalize the distorted consumer electronics market. Computers are three times more expensive in Argentina than in the United States, and 50 percent more expensive than in neighboring Chile, the ministry said in a statement.
Former populist President Christina Fernandez instituted a number of tariffs and import restrictions in a bid to boost domestic manufacturing employment. That often resulted in higher prices, and it is common for Argentines to cross into Chile or Paraguay to buy cheaper goods.
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