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Brazil cuts import tax on aluminium foils and strips for six months

July 24, 2014 - 10:20 GMT Location: Santiago

KEYWORDS: Brazil , aluminium , foils , strips , import tariff

Brazil’s foreign trade chamber, Camex, is reducing the import tariff on aluminium foils and strips from 12% to 2% for a period of six months.

The lower tariff will apply from July 31, with a quota of 563 tonnes for each product, Camex said on Wednesday July 23. The move has been brought in to avoid a domestic shortage of...

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