S\u00e3o Paulo \u2013 Brazil raised the tariff on natural rubber imports from 3.2% to 10.8%. The federal government approved the increase at a meeting of the Executive Management Committee of the Chamber of Foreign Trade (Camex), according to information released by the Ministry of Agriculture and Livestock on late Tuesday (15).<\/p>\n
The higher rate will be in effect for 24 months. According to the ministry, Brazilian heveculture faces hindrances due to the sharp drops in the international price of elastomers and the consequent loss of competitiveness compared to products imported by Brazil from countries in Southeast Asia.<\/p>\n
Early this year, Brazil resumed the taxation of imported tires the previous government had withdrawn. The minister of Agriculture and Livestock, Carlos F\u00e1varo, said the current measure \u2013 higher tariffs on natural rubber \u2013 strengthens the production chain from the producer to the national industry.<\/p>\n
Translated by El\u00fasio Brasileiro<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" The Brazilian government raised the import tariff from 3.8% to 10.8% for 24 months to stimulate the local industry.<\/p>\n","protected":false},"author":2316,"featured_media":350765,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[44537,44538,2189,15394,6069,4642,28984,44541,44542],"class_list":{"0":"post-358733","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-borracha","9":"tag-borracha-natural","10":"tag-import","11":"tag-import-tariff","12":"tag-import-tax","13":"tag-importacao-en","14":"tag-imposto-de-importacao-en","15":"tag-natural-rubber","16":"tag-rubber"},"wps_subtitle":"The Brazilian government raised the import tariff from 3.8% to 10.8% for 24 months to stimulate the local industry.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/358733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=358733"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/358733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/350765"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=358733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=358733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=358733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}