Spanish Footwear Import Tariff Quotas Increased, Shoemaker Profit Margins Narrowed

On October 27th, the Spanish government recently issued a new policy regulation on imported shoes, which was considered to be a heavy penalty when imported. This measure has greatly reduced the profits of local shoe manufacturers from domestic shoes, and the price advantage is hard to maintain. While the shoe companies in our city are exporting to Spain, customs duties are the responsibility of the buyer, so the Ordinance has little effect on it.