Commercial mutual law comes into force on Monday
Last Friday (11) granted Commercial mutual law He came into force on Monday (14) after being published in the Federal Official Gazette.
The law gives the Brazilian government to adopt commercial actions against countries and blocks that impose unilateral obstacles to Brazil’s products in the global market. Planeto Palace has confirmed this information.
Oh The National Congress has approved the text At the beginning of the month and Last week was granted by President Luiz Inacio Lula Da Silva without veto.
The tariff
The new law is a response to this Climbing Trade war US President Donald Trump has opened up against many countries in the world, but in recent days, more specifically intensified against China.
In the case of Brazil, the US duty on all products exported to the US market is 10%. Exception in this margin of tariffs These are steel and aluminum, whose surcharge Americans, which significantly affect Brazilian companies, are the third largest exporters of these metals.
In a speech at the 9th Summit at the Latin American and Caribbean States (Selock) community in Honduras last Wednesday (9), Honduras Lula again criticized adoption Commercial tariffs.
On the same day, he said he would use all kinds of discussions, including processing openings in the World Trade Organization (WTO) to repel tariffs before taking revenge trade activities.
New law
Commercial mutual law establishes criteria for the nation’s arbitrary actions, policies or methods, or “Brazilian adversely affects international competitiveness”.
This standard applies to “Brazil’s legitimate and sovereign options” countries or blocks.
In Article 3 of the text, for example, the Strategic Council of the Foreign Trade Chamber (Comex) is linked to the executive, “contracted the limit on imports and services imports”, also provides negotiations between parties before any decision.
