Brazil cuts import tariffs on over 1,000 products, imposes new anti-dumping duties

Brazil’s Foreign Trade Chamber (Camex) on Thursday (12) approved the reduction of import tariffs to zero on more than 1,000 products, alongside new trade defense measures.

The Executive Management Committee (Gecex) granted 1,059 ex-tariff reductions — a mechanism that temporarily lowers import duties when no equivalent domestic production exists. Of the total, 421 apply to capital goods and IT equipment, and 638 to auto parts.

According to the committee, the move aims to boost investment and lower industrial costs by allowing companies to import machinery, equipment and components not produced locally without paying import duties.

Beyond the ex-tariff measures, Gecex also eliminated import duties on 20 inputs used by the industrial and agricultural sectors, as well as on two finished products.

The exemptions cover items linked to healthcare, energy, household appliances, the automotive sector and animal feed, among other segments.

Anti-Dumping Measures

At the same meeting, the committee approved three new anti-dumping duties aimed at shielding domestic industry from what it considers unfairly priced imports.

In the medical devices segment, a five-year anti-dumping duty was imposed on hypodermic needles originating from China.

In the steel sector, Gecex approved measures targeting cold-rolled flat steel and coated flat steel products, also from China.

The measures are intended to offset damage caused by imports sold below market value.

The Ministry of Development, Industry, Trade and Services did not disclose the specific products benefiting from the tariff cuts or the detailed scope of the anti-dumping measures. It said the full list will be published in the Official Gazette in the coming days.

Source: Agência Brasil

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