Mercedes imports get tax break as automaker grows Brazil footprint.
BRUSSELS – Brazil’s taxes on imported products, meant to encourage domestic production, have curbed imports of motor vehicles from the European Union and in some cases even moved research and engineering jobs from Europe to the South American country. To reverse the negative trend, the EU took Brazil to the World Trade Organization in December, accusing it of violating international trade rules. Imports of EU-made motor vehicles dropped from 857,900 units in 2011, when the ...
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