Global Trade Alert
Global Trade Alert

Brazil: Temporary modification of duties and establishment of import tariff-rate quotas for several dairy, plastic and steel products (May 2024)

Announcement

28 May 2024

In May 2024, the Brazilian government modified for the first time the newly created Annex IX of Resolution No. 272/2021. This Annex corresponds to the List of Tariff Increases for Reasons of Trade Imbalances Derived from the International Economic Situation. 

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Number of interventions

3

1 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Jun 2024

Revocation date:

31 May 2025

Updated: 12 Jun 2024
Import tariff quota

On 28 May 2024, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 600 establishing temporary import tariff-rate quotas for steel products enclosed under 1...

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Implementation date

01 Jun 2024

Revocation date:

22 Oct 2024

Updated: 12 Jun 2024
Import tariff

On 28 May 2024, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 600 temporarily eliminating the import duty on certain plastic products classified under...

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Implementation date

01 Jun 2024

Revocation date:

31 May 2025

Updated: 12 Jun 2024
Import tariff

On 28 May 2024, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 600 temporarily increasing the import duties of some dairy, plastic and steel products c...

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