Browsing: taxation

Brazil is considering the reduction of its ethanol import tax, a move reportedly aimed at fostering closer ties with the U.S. under President Trump. This potential policy shift reflects ongoing discussions about trade relations and energy cooperation.

Former President Trump announced that tariffs on imports from Canada and Mexico will proceed, indicating potential for additional taxes in the future. The announcement underscores ongoing trade tensions as negotiations continue between the nations.

Brazil has urged the United Nations to reconsider a proposed levy on global shipping, arguing that it could hinder economic recovery and disproportionately impact developing nations. The country emphasizes the need for equitable solutions in maritime trade.