Brazil Studies Raising Import Tariffs on Cars, Steel: CNN Brasil

Government economic team studies increasing import taxes on these sectors, which are suffering from the influx of Chinese products, CNN Brasil reports without saying how it got the information.

• Measure is part of government’s plan to raise tariffs in 2026 to generate approximately 14b reais to balance the budget
• Projected additional revenue is included in the report of the annual budget bill approved last week, but there are no details
• NOTE: Brazil Aims to Exclude Aid for Postal Service from Fiscal Rules

Original Story:Gov avalia elevar imposto de importação carros, aço: CNN Brasil

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