Brazil Notifies WTO of Intent to Impose Retaliatory Tariffs on EU

Posted by Matt Schmitt on 3/11/19 5:00 PM

On February 18, 2019, Brazil notified the World Trade Organization (WTO) of its intent to impose retaliatory tariffs of € 180,000,000 on imports from the European Union (EU).

Some of the tariffs would cover:

  • Dairy products, including milk, at an additional 15% duty;

  • Tobacco products at an additional 11% duty;

  • Jewelry at an additional 10% duty;

  • Sports equipment at an additional 11% duty;

  • Footwear at an additional 19% duty;

  • Toys at an additional 19% duty;

  • Certain furniture, sunglasses, and other products.

According to the letter, Brazil may impose the tariffs within 30 days from the date of the notification.

 

The letter to the WTO may be found here:

https://docs.wto.org/dol2fe/Pages/FE_Search/FE_S_S009-DP.aspx?language=E&CatalogueIdList=251627,251400,251383,251350,251298,251278,251193,251161,251092,251015&CurrentCatalogueIdIndex=0&FullTextHash=&HasEnglishRecord=True&HasFrenchRecord=False&HasSpanishRecord=False

Topics: Brazil, WTO, EU, Tariffs