Brazil slaps higher duties on Chinese shoes, tires

14/09/2009 12:00 - 645 Views

Brazil has slapped prohibitive tariffs on imports of Chinese shoes and tires, as part of an ongoing anti-dumping dispute.

"(The measures) will be in effect from today ... 12.47 dollars for each pair of shoes imported from China," the country's Industry Ministry said in a statement.

The second measure will see tires come under higher tariffs for up to five years, at a rate of 0.75 dollars a kilo.

The decision to introduce the new import duties comes amid allegations by Brazil that China is selling both items below the original market rates.

SG/SME/RE

Thu, 10 Sep 2009 01:24:30 GMT

Source: www.presstv.ir
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