Brazil is studying the removal of a 20% tariff on ethanol imports from the United States, Agriculture Minister Blairo Maggi said on Wednesday, in a decision that could depend on Washington lifting a ban on fresh beef exports from Brazil. Last year, Brazil imposed a 20% tax on ethanol imported from the U.S. that exceeds a 600 million liter annual quota to protect local producers as imports spiked. Read full article
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Disclaimer & comment rules: Does Brazil REALLY need the Imported Ethanol?
Jan 18th, 2018 - 10:05 am - Link - Report abuse 0: Does the USA really NEED the Imported [rotten] Meat?
...to protect local producers as imports spiked.....Don't get it...if imports 'spiked', it was presumably to attend local demand....which implies that the local producers weren't able to supply all the market's needs...here, something doesn't sound right...and what is the 20% tax trying to protect ? definitely not the local producer, but perhaps the brazilian consumer ? sounds more like just another tax to increase revenue, at the expense of the population.
Jan 18th, 2018 - 07:21 pm - Link - Report abuse 0@JB
Jan 19th, 2018 - 09:20 am - Link - Report abuse 0With a suitable tropical weather, with plenty of land [+ even more land due to the deforestation] for cultivation and with alternative green energies [biofuels, etc] available within reach; it's difficult to believe that Brazil still DEPENDS on Ethanol-Imports!
Greater Inflation + Higher Taxes r just around the corner - not counting the pardons to almost ALL of the crooks [including Lula & a host of the others] - the Titanic is HEADING for an Iceberg!! FER:
http://www.chargeonline.com.br/php/charges/AUTO_pater.jpg
@:o))
Jan 19th, 2018 - 03:29 pm - Link - Report abuse 0Re yr cartoon, the only way to stop part of this institutionalized corruption, is to put an end to all political indications in State-owned companies....It is so obvious why the politicians want to 'control' these companies and get their grubby hands on 'public' funds...
@JB
Jan 20th, 2018 - 12:22 am - Link - Report abuse 0REF: .......get their grubby hands on 'public' funds.......:
ANY project which is on the anvil - irrespective of the kind of a company [private, public, govt. owned, etc] - has the fingers of the corrupt in the pie. Otherwise, the project heads for the shredder. EXAMPLE:
https://i1.wp.com/www.humorpolitico.com.br/wp-content/uploads/2017/09/Brasileiro-Palhaco.jpg?w=640&ssl=1
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