Brazil, Mexico agree on reduced tariffs SAO PAULO — Brazil and Mexico come to a preliminary agreement to allow imports of vehicles into each country with a lower tariff. Under the agreement, each country can import up to 40,000 vehicles with an 8% tariff. Brazil was charging a 35% tariff on Mexican-made vehicles, while Mexico was levying a 20% tariff on Brazilian-made vehicles. Imported vehicles exceeding 40,000, will be subject to rates for favored nations. The two countries plan to ...
Premium Content (PAID Subscription Required)
"SOUTH AMERICA" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.