The Brazilian government temporarily removed tariffs on 421 capital goods and IT products and 638 types of auto parts. Additionally, 20 industrial and agricultural inputs will now enter the country duty-free.
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Brazil’s Foreign Trade Chamber has approved an import tax exemption for nine types of food, as previously announced by the federal government, along with measures to facilitate the entry of palm oil into the country. The measure is set to take effect on Friday (14).
The reduction comes into force next year for 12 products that are not manufactured in the country.
