Brazil raises tariffs China tire exports or restricted
According to reports, the Brazilian Foreign Trade Commission held a meeting on September 4, 2012, and decided to increase import tariffs on 100 products in order to encourage the production of similar domestic products and deal with the foreign trade competition brought about by the international crisis. According to this one-year new measure, the import duty on Brazilian bicycle tires and car tires will increase from the current 16% to 25%. It is reported that this new measure may have some impact on China's export of tires to Brazil. Brazilian Finance Minister Mantega said that the government is looking forward to this measure to increase the production of related domestic products and benefit the metallurgical, petrochemical and tire industries. Mantega said that the Brazilian government will pay close attention to the price trend of imported products in the domestic market after tariff increases. If the price of these products rises too much, the Brazilian government will lower import tariffs accordingly, in order to prevent the increase of import tariffs to bring new products to the domestic market. Inflation pressures. Pimentel, Brazil’s Minister of Industry and Trade Development, denied adopting trade protection measures to support his own company. He stressed: “We are acting within the rules of the World Trade Organization. These products are exceptional product catalogues.†Aluminum Laminate Foil is a kind of Aluminum Foil with surface lamination.It is widely used in different industry for shielding or packing purpose.1. It has the advantages of moisture-proof, air tightness, shading, abrasion resistance, fragrance retention, non-toxic and tasteless; Red Aluminum Foil,Aluminium Foil Wrap,Cheap Aluminum Foil,Laminated Aluminum Foil Trumony Aluminum Limited , https://www.szaluminumtube.com
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