Brazil Will Increase Tariffs On Imported Footwear And Leather Products.
On February 14th, Brazil's new president, DilmaRousseff, said that in order to protect its economy, it was planning to improve.
Import duties
。
The shoe making and tanning industry in Brazil may benefit from it.
According to PauloSkaf, leader of Brazil manufacturing alliance, in his latest talks with industry development and foreign trade minister FernandoPimentel, the government has agreed to take measures to protect its economy.
He has recommended that the president improve some products, including footwear and
Leatherwear
Import duties.
Skaf believes that the introduction of such measures is imperative.
According to statistics, in 2010, Brazil's trade deficit in manufactured goods reached US $72 billion. If we do not act, the deficit in 2011 will probably be close to US $100 billion.
Skaf said that in the face of the current situation, we must formulate effective measures to curb imports, otherwise the trade deficit of manufactured goods will continue to expand.
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