Uruguayan auto assembly industry exempt of Brazil’s IPI 30% tax increase

Thursday, October 6th 2011 - 02:16 UTC

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In the framework of the so called Plan Maior, Brazil adopted measures to stimulate its industry with the purpose of increasing productivity and containing competition from Chinese produce in its domestic market. Read full article

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GeoffWard2
I imagine there will be some rapid re-structuring of manufacture of Chinese cars in Uruguay for export to Brasil.
Just re-boxing and adding the label 'Made In Uruguay' will no longer be acceptible.

Looking forward to the same import controls and taxes for Chinese, Vietnamese and Indonesian clothes and shoes.
Oct 06th, 2011 - 01:14 pm - Link - Report abuse 0
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