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« Brazil's oil China will levy anti-dumping duty steel

Brazil introduced a number of trade protection measures

Brazilian Foreign Trade Commission 6 announced that from now on a series of measures to restrict imports to protect Chinese industry. These measures include raising seven kinds of import tariffs on manufactured goods and imported products for a number of anti-dumping sanctions against China as the biggest victims.

Analysts pointed out that the Brazilian government to take trade protection measures, it is clear to Chinese products as the main target in the higher tariffs of seven products, five, imported from China, including ceramic tiles (from 15% to 35%) , cycling (from 20% to 35%), split air conditioning (from 18% raised to 35%).

Brazil will also be carbon steel pipe from China anti-dumping sanctions in the next two years, the carbon steel pipe imports from China will be charged $ 743 per ton of punitive tariffs, the equivalent of the price increase than the current 80% by anti-dumping sanctions There are other national products, such as Chile, the production of crude salt will be subject to punitive tariffs of 35%.

Brazil's Industry and Trade Ministry official said the government is still on a large number of anti-dumping investigation of imported products, so the future will be subject to sanctions of some foreign products.

Affected by the global economic downturn, slowdown this year, the Brazilian economy, particularly marked slowdown in industrial production, according to statistics, Brazil's June industrial production decreased 1.6% in July despite growth of 2.2%, but still down 9.9% year on year .

Economists believe that Brazil's industrial decline is clearly excessive real appreciation of the Government unable to intervene in the case of the exchange rate, trade protection measures in favor of relief economists expected, as the deteriorating external economic environment, Brazil's protectionist approach may be intensified.

Brazilian Foreign Trade Commission, Brazil's foreign trade policy and trade protection measures for decision-making body,The committee members from the Ministry of Trade and Industry, Ministry of Finance, Ministry of Agriculture and Ministry of Foreign Affairs and Minister of Presidential Office of Civil composition.


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