Brazil Plans to Increases Tariff on Part of Imports

[2011-01-30 14:29:48]


According to reports from the Bloomberg, the Brazilian Government may impose higher tariff on part of non-necessary imports (taking up about 1% of Brazil's total import amount).

For example, the Brazilian Government is considering increasing import tariff to 35% on products like beverage, tobacco, perfume, etc. to protect local relevant enterprises.
Source: ETCN
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