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Brazil slaps higher taxes on Chinese tire imports
Brazil has slapped higher prohibitive tariffs on imports of Chinese shoes and tires, as part of an ongoing anti-dumping dispute, media reported today.
The measures were in effect from Sept. 10, with $12.47 for each pair of shoes imported from China, the Brazilian ministry of industry said in a statement.
The second measure puts two series of tires from China under higher tariffs for up to five years, at a rate of $0.75 a kilo. These Chinese tires are used for small cars made in Brazil.
Meanwhile, the Brazilian government has decided to delay for six months its anti-dumping measure that is to prevent the country's automakers from importing China-made tires for buses and coaches.
The decision to introduce the new import duties comes amid allegations by Brazil that China is selling both items below the original market rates.
The measures were in effect from Sept. 10, with $12.47 for each pair of shoes imported from China, the Brazilian ministry of industry said in a statement.
The second measure puts two series of tires from China under higher tariffs for up to five years, at a rate of $0.75 a kilo. These Chinese tires are used for small cars made in Brazil.
Meanwhile, the Brazilian government has decided to delay for six months its anti-dumping measure that is to prevent the country's automakers from importing China-made tires for buses and coaches.
The decision to introduce the new import duties comes amid allegations by Brazil that China is selling both items below the original market rates.