On March 9, the Executive Chamber of the Brazilian Ministry of International Commerce (CAMEX)issued the final report listing more than 100 US-originated products that will possibly face tariff raise. The new tariffs will go into effect in 30 days, unless the US and Brazilian governments can reach a last-minute deal. Listed products currently taxed at between 6% and 35% could then be taxed at 100%, affecting a wide range of products, including food, beauty and electronic goods, non-patented OTC drugs and other health-oriented products.



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