Photo: Ascannio/Shutterstock
Last Thursday, President Luiz Inácio Lula da Silva reacted to the decision of House Speaker Arthur Lira to put a bill taxing international purchases of up to USD 50 to vote. The president said he might veto the legislation if approved.
In his words. “There is no planned meeting [with Mr. Lira], but if he wants to talk, I’m available. The tendency is to veto it,” Lula told journalists, adding that he was not sure how much “poor girls” buying “trinkets” truly competes with the sales of items produced in Brazil.
State of play. Brazilian retailers complain about unfair competition from Asian platforms such as AliExpress, Shein, and Shopee. They say that not even reinstating the standard import tax of 60 percent on these purchases would make the situation fairer, as products sold by Brazilian retailers pay an average tax burden of 109 percent according to estimates from IDV, a lobby for retailers.
Why it matters. The sector has now found the support it needed from lawmakers and, more importantly, from Mr. Lira, who is eager to print a legacy in his last months leading the lower house of Congress.
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