The government of announced an ambitious strategy to gradually reduce cell phone import rates, with the aim of completely eliminating this charge until the beginning of 2026. This initiative is part of the president’s promises of economic and tax reform which seeks to modernize the economy of the country. In the first phase of this reduction, the import tariff will be decreased from 16% to 8%, which should result in a drop of up to 30% in the prices of devices in the Argentine market. According to Presidency spokesman Manuel Adorni, the in Argentina are among the most expensive in the world, with high-end devices costing more than $ 2,500 twice as long as countries such as the United States and Brazil.
Taxerist Bruno Romano explained that the decision to divide the reduction into two stages aims to preserve the economy and to avoid market distortions, such as deflation. He stressed that while the tax reduction does not oblige traders to lower prices, retail competition should ensure that end consumers benefit from this change. In addition to cell phones, the Argentine government also plans to reduce taxes on other electronic products such as televisions, air conditioners and video games. In the case of consoles, the import rate will be reduced from 35% to 20%, while products made in the land of fire will remain exempt.
The Argentine government strategy is not limited to reducing import tariffs. As the tax surplus consolidates, there are plans to extinguish other taxes and make a deep tax reform. In addition, the government intends to review labor, social security and criminal laws, with the objective of creating a more dynamic and competitive economic environment. Javier Milei seeks to reduce protectionism and promote globalization, in a movement that contrasts with protectionist tariff policies adopted by other countries, such as the United States under Donald Trump’s administration.
With information from Valéria Luizetti
*Report produced with the aid of AI
