Brazil’s Executive Secretary of the Foreign Trade Board, “CAMEX,” voted on Wednesday to provide duty-free access for up to 400,000 tons of paddy and milled rice from all origins, effective this week through December 31, 2020. The measure was officially published in Brazil’s Official Gazette of the Federal Government and responds to growing consumer complaints about the retail price of rice, which with beans are staple for a majority of Brazilians.
The key economic adviser to Brazil's leading presidential candidate cancelled two campaign events on Friday amid a disagreement with his boss. Market-friendly Paulo Guedes, the main adviser of far-right candidate Jair Bolsonaro, canceled events at the American Chamber of Commerce and broker XP Investimentos in Sao Paulo.