ANNOUNCED AS TEMPORARYNo
On June 5th, 2009, the Brazilian government announced tariff increase on the ad-valorem import duty from 0% to 12% for steel products classified under the code 7214.20.00 of the Mercosur Common Nomenclature (NCM).
The average bound tariff of the product concerned is 35%.
It is important to note that this product was on the list of exceptions of the Common External Tariff of Mercosur, and now are back to its original rate.
On 25 October 2018, the Brazilian Foreign Trade Council has adopted Resolution 82 revoking 124 resolutions including this one.
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