Drawback regulation for Brazilian exporters to be issued on Tuesday, says VP
ReutersSep 1, 2025 11:53 PM
SAO PAULO, Sept 1 (Reuters) - Brazilian Vice President Geraldo Alckmin said on Monday during an interview with CNN Brasil that regulations for duty drawbacks to support Brazilian companies hit by steeper U.S. tariffs on Brazilian goods will be issued on Tuesday.
The measure is part of a broader aid package unveiled by the government last month and allows for the suspension or exemption of taxes on imported materials used in the production of goods destined for export.
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