Brazil
TOPIC(S): Soybeans, Trade (Commodities), USDA, Brazil,

08/27/2020 SOURCE: www.agriculture.com

Brazil to erase import tariffs on corn, rice and soybean temporarily

SAO PAULO, Aug 27 (Reuters) - Brazilian government has decided to remove temporarily import tariffs on rice, corn and soybeans, an Agriculture Ministry official told local newspaper Valor Economico. The move aims at fighting inflation, as prices for the three products have risen recently, according to the report. Imports from outside the Mercosur bloc, which includes Brazil, Argentina, Paraguay and Uruguay, are already exempt. The report does not mention when the tariff exemption would come into effect or its expiration date.

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