The country announced its decision to apply a 40% protection measure on sports socks and clothing for men, women and children on exports from China, USA, Hong Kong and Panama, among others.

On this situation, the head of the Panamanian trade ministry indicated that "it is regrettable that the Dominican Republic´s government has taken such a definitive protectionist measure against the Panamanian textile sector despite the Federal Government, through the General Department of Trade Defense Office of International Trade Negotiations (ONCI) appeared and upheld the administrative process before the Regulatory Commission of the Dominican Republic on the reasons why a manufacturing industry like Panama should not be subject to a safeguard measure, providing all the necessary information during the investigation process, which shows that exports from Panama will not affect this country´s industry."

Source: Ministry of Commerce and Industries (Panama)

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On November 5, a 37.9% tariff was charged on imports of clothing when its declared FOB price is less than or equal to $20, which affects businessmen in the Colon Free Zone in Panama.

Decree No.

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Decree Number 1416 of the Ministry of Commerce, Industry and Tourism of Colombia, dated August 6, 2019, specifies in its Article 1 that establishes "... a tariff of thirty-seven point nine percent (37.9%) on imports of products classified in chapters 61 and 62 of the National Customs Tariff, when the declared FOB price is less than or equal to 20 United States dollars per gross kilogram."

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