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LatinNews Daily - 02 March 2026

In brief: Brazil rolls back on recent import tariff increase

*Brazil’s chamber of foreign trade (Camex), which is tied to the ministry of development, industry, trade, and services, has adjusted previous resolutions it issued in early February to raise tariff rates on the imports of certain electronic products. On 28 January Camex agreed upon a series of “measures for commercial defence and tariff realignment aimed at strengthening national industrial competitiveness”, which included tariff hikes for over 1,000 imported products, including capital goods and electronic equipment, and issued resolutions in the following weeks to implement the measures. However, reports in the national press have highlighted that these have faced significant backlash from legislators as well as business groups. Amid this pushback, the Camex committee held another meeting on 27 February in which it decided to partially roll back on its previous decision, with tariffs eliminated for 105 items, including hospital equipment and ventilation and cooling equipment that could be used for data centres. Camex also decided to revert the tariff rates of 15 items, such as smartphones and laptops, to their previous rates.

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