Global Trade Alert
Global Trade Alert

Brazil: Import tariff increase for 12 iron and steel products (September 2023)

Announcement

22 Sep 2023

In September 2023, the Brazilian government removed 12 products from Annex II of Resolution No. 272 adopted in November 2021. This Annex corresponds to the different import duties from the common external tariff (TEC) that the MERCOSUR Member States can maintain under article 50, item "d", of the 1980 Montevideo Treaty.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Oct 2023

Revocation date:

No revocation date

Import tariff In force

On 22 September 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 519 increasing the import duties of 12 products, classifier under 11 six-digit tariff...

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