Brazil Increases Import Duties on Certain Toys by 15%
Brazil's Foreign Trade Chamber (Camex) announced on December 28, 2010 that it was raising import duties on 14 types of toys (dolls, electric trains, tricycles, puzzles, etc) from 20 to 35%. The increase will remain in effect until December 31,…
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2011. It was requested by the Brazilian Association of Toy Manufacturers to combat an increase in toy imports and will largely affect toys manufactured in China as they account for nearly 80% of Brazilian toy imports.