Government zero-tax on soy and corn imports

The world’s largest exporter of soybeans, Brazil has decided to suspend the collection of import taxes on the grain, as well as soy bean and oil, until January 15, 2021. The decision of the Foreign Trade Chamber (Camex), of the Ministry of Economy, also applies to the importation of corn, whose import tax rate will be zeroed until March 31 of next year, as a way to contain the high price of food in the country.

Source: Agencia Brasil