Brazil cuts down Mercosur external tariffs yet again : vimar

Brazil cuts down Mercosur external tariffs yet again

In a move to contain inflation ahead of this year's Oct. 2 elections, Brazil's Chamber of Foreign Trade decided to cut down the Mercosur Common External Tariff (TEC) by 10% on items such as beans, meat, pasta, cookies, rice, and construction materials, the Ministry of Economy announced.

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