Brazil Ups Engineering Machinery Import Duties
[2012-10-17 17:35:19]
Reportedly, in June, Brazil authority announced raising its import duties from 14% to 35% on some engineering machineries; now, it will also raise the import duties from 14% to 25% on loaders (59hp and more), excavators (90-450hp), and road rollers, aiming to enhance domestic competitiveness with the imports.
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