Global Trade Alert
Global Trade Alert

Brazil: Increase of import tariff on tankers (May 2024)

Announcement

24 May 2024

In May 2024, the government of Brazil modified the List of Exceptions for Computer and Telecommunications Goods and Capital Goods (LEBIT/BK list) and the List of Exceptions to the Common External Tariff (LETEC). The changes were introduced via an amendment of Annexes V and VI of GECEX Resolution No. 272 of November 2021.

 

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 Jun 2024

Revocation date:

No revocation date

Import tariff In force

On 24 May 2024, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 596 increasing the import tariff on tankers classified under NCM 8901.20.00 from 11.2% to 3...

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