ANNOUNCED AS TEMPORARYNo
On June 5th, 2009, the Brazilian government announced tariff increases on the ad-valorem import duty for 6 selected iron and steel products at the 8 digit level of the Mercosur Common Nomenclature (NCM) tariff code.
The product codes and their respective tariff increases are:
7208.27.90, from 0 to 12%
7208.38.90, from 0 to 12%
7208.39.90, from 0 to 12%
7208.52.00, from 0 to 12%
7209.16.00, from 0 to 12%
7209.17.00, from 0 to 12%
7228.30.00, from 0 to 14%
It is important to note that in the case of these products, they were on the list of exceptions of the Common External Tariff of Mercosur, and now are back to its original rate.
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