Government extends antidumping duties on Brazilian imports of loudspeakers from China

The government has extended, for up to five years, the definitive antidumping duty applied to Brazilian imports of loudspeakers for use in land motor vehicles originating from China. The decision appears in resolutions issued by the Executive Management Committee of the Foreign Trade Chamber (Gecex), published this Friday (28) in the Federal Official Gazette (DOU).

Dumping is an unfair trade practice in which a country exports products at prices lower than those in the local market, harming the production of the importing country. When this practice is verified, the government may impose an additional tariff or establish import quotas.

In a statement, the National Association of the Music Industry (ANAFIMA) welcomed the decision. It noted that the measure, in force for 17 years, is considered essential for the competitiveness of the domestic industry. According to the organization, maintaining the policy prevents market losses and ensures stability for a production chain that generates about 8,000 direct jobs.

“Brazil is already among the five largest loudspeaker manufacturers in the world. It’s not just production: it’s a complete, integrated, and strategic supply chain for the country,” says Daniel Neves, president of ANAFIMA.

The sector exports throughout Latin America and considers the extension of the antidumping measure crucial to preserving its international presence.

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Source: Valor Econômico

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