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Mexico to waive import duties on food staples as inflation bites

Sales person carries baskets full of bakery products, Puerto Vallarta, Jalisco, Mexico, 27 November 2016

Mexico is suspending import duties on food staples including corn oil, rice and wheat in an attempt to curb soaring inflation.

In an announcement on the government’s official gazette, Mexico said it will waive duties for at least a year.

The move is the Mexican government’s latest attempt to curb

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