Brazil cuts import tariffs on textile products

A few days ago, Brazil announced that since October 1, 2013, the import tariff of about 14% of the 14 categories of 100 products raised in September 2012 will be adjusted back to an average tax rate of 8% to 12%. According to industry insiders, Brazil is an important emerging trade market in China. The reduction of tariffs will help the export of textile products.

It is reported that a total of 100 products in the 14 categories include steel, glass, chemicals, rubber and plastic products, paper and pulp, textile products, transportation equipment, food industry, petroleum derivatives, shoes, firebricks, cables and wires and machines. And equipment production.