The Panama Chamber of Commerce requested the Panama Canal Authority to postpone the start of collection of the fee for the use of fresh water in the Canal, which would begin to be paid on February 15, 2020.
As of January 2020, electric vehiclesimported into El Salvador and Honduras will be exempt from the import duty, which was 30% in El Salvador until now.
The Honduran government approved the adjustment to the price of freight for the transport of fuel to the interior, which was set at $2.42 per kilometer, which corresponds to the cost per round trip.
The new tariff was made official by means of the Sen-026-2019 Agreement, which was issued by the authorities of the Secretariat of Energy and published last October 24.
Guatemalan exporters report that President Trump's warning about export tariffs and taxes on remittances and transfers is raising doubts among U.S. buyers.
Uncertainty prevails among most Guatemalan businessmen after President Trump reacted to the provisional protection established by the Guatemalan Constitutional Court, which limits the functions of the Executive Branch to negotiate or sign any foreign policy agreement.
Guatemala's business sector responded with concern to President Trump's warning about imposing export tariffs and levies on remittances and transfers.
The announcement made by the president of the United States comes after the Guatemalan Constitutional Court issued a ruling in which it limits its foreign policy functions to the Executive, by granting a provisional injunction that prevents the negotiation or signing of any agreement.
The plan to impose a 5% tariff on Mexican products entering the U.S. would open up opportunities for Central American countries to increase their sales to the U.S., but there are fears that similar measures could be taken against the region.
On May 30, President Trump announced on his Twitter account that he plans to impose a 5% tariff on Mexican products entering the U.S. market, this as pressure for Mexico to be more effective in its efforts to contain the massive arrival of Central Americans to the country.
Arguing that they should protect the local industry from dumping, the U.S. plans to impose temporary tariffs on imports of steel, textiles and footwear.
The tariffs that would be approved through the signing of presidential decrees would be valid for six months, which would be 15% for steel products, and 25% or 30% for imports of footwear and textiles.
Because citrus cultivation has been declared a national emergency in the country, the government authorized the import of 1.860 solid tons of orange juice.
The Secretariat of Economic Development has authorized the entry of orange juice to the country without tariff. According to the authorities, this action is expected to ensure the supply of the product in the local market.
Since November 1st, the Honduran government decided to reduce from 35% to 25% the import tariffs for steel sheets and other related products.
According to businessmen in the sector, the action taken by the authorities seeks to ensure the supply of steelsheets and other similar products at national level, as well as ensuring product price stability.
To correct alleged price distortions in the local market, the Panamanian government plans to regulateimports of beef from Nicaragua.
The Ministry of Agricultural Development (MIDA)'s plan is to establish new import rules, which will aim to correct the "distortion in the price of beef paid for the local product."
If Costa Rican businessmen still had doubts about the direction to be taken by the new Alvarado administration in agricultural matters, the affirmations made by the newly-appointed minister of Agriculture and Livestock have managed to dissipate them completely.
EDITORIAL
"...'The position that I bring to the ministry is to protect national production, with all the legal and technical instruments provided to us by treaty frameworks ...We are going to be very jealous with entries, no matter what they are, with meats, with potatoes.There has been a lot of laxity, non compliance with the regulations," said Renato Alvarado, the ministry's new leader, to Nacion.com.
Since April 19, new prices for permits and licenses were announced in Honduras for the different fishing activities and sale of products in the sector.
From a statement issued by the Ministry of Agriculture and Livestock:
May 11.New fees for the payment of permits and licenses in the different fishing activities and marketing of fishery products, have been established by the Ministry of Agriculture and Livestock (SAG), through the Directorate General of Fisheries and Aquaculture, (DIGEPESCA), which became effective as of April 19, 2018.
The Salvadoran government has stated that there are no instructions to establish import tariffs on Salvadoran products in any Honduran government institution.
The Ministry of Agriculture and Livestock may decide to impose tariffs on dairy products from El Salvador in the coming days.
For months, Honduran dairy producers have been complaining to the government about the difficulties they face in selling their products in El Salvador, which could impose additional tariffs on the entry of these products.
The US government's decision to set a 10% tariff on aluminum imports could have little impact on Central America, which in 2016 exported to the US $25 million worth of this metal.
The possible "trade war" that some US trade partners have warned about and which could be realised with the measure taken by the Trump administration, will be viewed from a distance in Central America.
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