ATIC - Insight – Brazil reduces tariffs on over 6,000 goods

Monday, June 20, 2022

SOURCE: ARIC

20 June 2022

On 24 May 2022, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 353 (in Brazilian Portuguese). The resolution reduced tariffs on over 6,190 goods arriving from 1 June 2022. Reductions will be in place for 18 months until 31 December 2023.

Resolution No. 353 is the latest in a series of tariff reductions (Resolution No. 269 and Resolution No. 341) by the Brazilian Government to combat rapidly rising inflation.

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