UPDATE 2-Brazil's Mantega: No plans for new tax cuts

Newswire

(Adds details on credit line to Uruguay, U.S. banks) By Daniel Bases and Walter Brandimarte NEW YORK, April 28 (Reuters) - Brazil has no plans to implement new tax cuts or extend existing tax breaks for the automobile industry because consumer confidence is returning, Finance Minister Guido Mantega said on Tuesday. But Latin America's largest economy is negotiating with other South American countries to provide credit lines for importers of Brazilian goods, Mantega said, adding Uruguay ...

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