RIO DE JANEIRO, BRAZIL - In the dispute between countries to acquire supplies to tackle the novel coronavirus pandemic, Brazil was hit by high import tariffs and dependence on the foreign market in the medical-hospital sector.
Before zeroing the import tax on a number of goods, as of March 17th, the country applied an average tariff of 9.8 percent on imports of products in the sector, twice the average (4.8 percent) of 130 countries included in the World Trade Organization (WTO), according to data compiled by the Brazilian Institute of Economics of the Getúlio Vargas Foundation (Ibre . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here