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).
To help fight COVID-19, the measure announced last Wednesday by the Ministry of Economy of Brazil includes 61 products, such as test kits for coronavirus, and pharmaceutical, medical and hospital equipment and apparatus.
