Government studies reducing ethanol import tax by waving Trump, says Jornal

BySimon Rousseau Posted on
Government studies reducing ethanol import tax by waving Trump, says Jornal

SAO PAULO (Reuters)-The Brazilian government discusses reducing ethanol import tax, with the objective of improving its internal popularity and pacifying the relationship with the United States, according to the newspaper O Globo on Friday.

According to the report, the idea would be to present the reduction of the fee as a counterpart to the collection of a 25% surcharge on steel and aluminum in the United States, in an attempt to exception to the rule for Brazil.

Read too

Trump says Zelensky is “betting with World War 3” in the White House knocking

Meeting on the end of the war in Ukraine became a discussion in front of the world press

In addition, it would be a way to avoid a surcharge to Brazilian ethanol exports and to help reduce the price of fuel in the domestic market.

Read more:  Lula signs decree adjusting the minimum wage to R$1,518 in 2025
Simon Rousseau
Simon Rousseau

Hello, I'm Simon, a 39-year-old cinema enthusiast. With a passion for storytelling through film, I explore various genres and cultures within the cinematic universe. Join me on my journey as I share insights, reviews, and the magic of movies!