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Brazil trade chamber OKs import tax cuts on more food products

ReutersMar 13, 2025 9:13 PM

- Brazil's trade chamber has unanimously agreed to eliminate import taxes on certain products to curb food inflation, Brazilian Vice President Geraldo Alckmin told reporters on Thursday, after rolling out previous cuts last week.

The tax reduction is an emergency measure which will go into effect on Friday for an undetermined amount of time, Alckmin said, adding that it will affect products including boneless beef products, roasted coffee, coffee beans, corn, olive oil, sugar, cookies, pasta and sardines.

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