Puerto Rico CofC president backs inventory tax pause to ease tariff costs
April 17, 2025
Luis Pizarro-Otero says the moratorium could help offset the impact of the U.S.-China trade war. #NewsismyBusiness
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New US tariffs raise concerns, opportunities for Puerto Rico’s economy
April 4, 2025
An analysis by Estudios Técnicos Inc. concludes that the implications for Puerto Rico are “multifaceted.” #NewsismyBusiness
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Local startup sets out to transform Puerto Rico logistics industry
January 30, 2025
Artificial intelligence-powered platform Nauta is helping importers streamline operations and cut costs. #NewsismyBusiness
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Gov’t: Spain has become ‘essential trading partner’ to Puerto Rico
September 29, 2023
At the end of fiscal year 2023, Puerto Rico’s exports to Spain reached $3.9 billion, an increase of 44% compared to the previous year. #NewsismyBusiness
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Op-Ed: Importing community must comply with federal requirements
July 7, 2021
U.S. Customs and Border Protection (CBP) recommends the importing community to ensure articles imported in preparation to the Hurricane season complies with all US import requirements. Nearly four years after Hurricanes Irma and María pounded Puerto Rico’s electrical grid, leaving some in the dark for almost a year, frustration over the island’s still-fragile power supply is […]
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Treasury pushes back start of IVU collections at ports
June 10, 2014
The Puerto Rico Treasury Department has pushed back the start of collections of Sales and Use Tax (known as IVU in Spanish) for merchandise coming through the island’s ports by a month, to Aug. 1, agency officials said Monday.
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Farmers: Imported milk products 50% more expensive
May 7, 2013
Members of the Puerto Rico Farm Bureau continued their campaign to press consumers to learn about the origin of the milk used in the dairy products they buy and make sure they are manufactured using local milk, saying they will save as much as 50 percent in doing so.
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Products Association urges gov’t, consumers to support local industries
April 2, 2012
Considering that 85 percent of all goods consumed in Puerto Rico are imported, it should come as no surprise that the trade group that champions for locally grown and produced goods recently issued a call to action by government agencies and consumers to support native industries.
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