ANNOUNCEMENT 31 Oct 2016

On October 31, 2016, the Brazilian Foreign Trade Chamber decided to temporarily reduce the import tariffs on a selected number of steel goods to 2%. Previously these goods' import tariffs used to be 14%.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

The Brazilian Foreign Trade Chamber's website (CAMEX), Camara de comercio exterior Resoluçao Nº 108, De 31 De Outubro de 2016,
http://www.camex.gov.br/legislacao/interna/id/1621

Inception date: 31 Oct 2016 | Removal date: 30 Jun 2018

Import tariff

On October 31, 2016, the Brazilian Foreign Trade Chamber (Camara de Comercio Exterior do Brasil) announced a temporary cut in the import tariffs of a selected number of steel-based goods and parts and set them to 2%. These goods previous import tariffs were set to 14% previously. 

This measure has been implemented under the Ex-Tarifarios (ET) regime which allows for provisional temporary import tariff changes for selected goods to be set to 2%. They are announced periodically by the Brazilian Foreign Trade Chamber and are temporary in nature, lasting only 2 years. Such goods tariff rates may be renewed again under the ET program. 

AFFECTED SECTORS

 
422 432 433 434 435 439 441 442 443 444 445 449 482 495

AFFECTED PRODUCTS

 
730900 841710 841989 842199 842230 842649 842699 842720 842839 843139 843320 843360 843390 843810 843850 843860 843991 845522 845530 845590 846291 846390 846420 846693 847420 847780 847910 847981 847982 847989 847990 848049 848071 848140 848180 848390 860711 902790 903120
(+ 29 more)