Brazil Threatens China with 35% Surtax on Shoes

Brazzil Magazine covers

Brazil is studying the possibility of slapping a 35% surtax on foorwear imports from China, reports Minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan.

Speaking at the opening of the 37th Francal – International Fair of Footwear, Fashion Accessories, Machinery and Components – he declared that the government is aware of sector complaints about low-price imports.


“We are dealing with this in Brasí­lia, with our Mercosur partners as well, and believe that a solution will be found quickly,” said the Minister.


Another grievance concerns exports to Argentina. “We just concluded trade talks with Argentina. The agreement we reached was not ideal, it was reasonable. But we hope that by the end of the year our export problems with Argentina will enter a phase of smooth sailing,” Furlan explained.


With regard to safeguards the sector is calling for because of imports from China, Furlan declared that the Foreign Trade Chamber (Camex), which is housed in his ministry, has approved safeguard norms and discussed the issue with Chinese authorities.


“I will probably go to China at the beginning of September to negotiate a solution before it becomes necessary for Brazil to adopt legal measures,” concluded the Minister.


ABr – www.radiobras.gov.br

Tags:

You May Also Like

Brazzil Magazine covers

Recycling in Brazil Becomes Ticket Out of Poverty and Inspires World

When he was unemployed, after years working as a welder, 49-year-old José Marcolino da ...

Brazzil Magazine covers

Amazon’s Kindle Now Has the New York Times and Brazil’s O Globo

Among the three largest and most influential Brazilian newspaper Brazil's daily O Globo this ...

Brazzil Magazine covers

With Such Creepy Lullabies It’s a Miracle Any Brazilian Kid Can Go to Sleep

Most Brazilian lullabies and children songs are scary like hell. Some of them are ...

Brazzil Magazine covers

Brazil Gol’s Cargo Service Grows 60% to US$ 59 Million

According to Brazilian airline Gol, the cargo service of the company, Gollog, registered last ...

Brazzil Magazine covers

Intimist Minimalist

The debate over affirmative action is encouraging. If nothing else, it forces people in ...

Brazzil Magazine covers

Finance War: Brazil Wants Banks to Lend More and Charge Less

Private banks in Brazil should follow state lenders and lower interest rates to help ...