BEAMSTART Logo

HomeNews

Brazil to scrap import tariffs on basic foods

Financial Times LogoFinancial Times3d ago

Brazil to scrap import tariffs on basic foods - Financial Times

Quick Summary:

Latin America’s largest economy said it would eliminate border levies on nine “essential” items as increasing supermarket bills eat into the popularity of leftwing president Luiz Inácio Lula da Silva.

Food and drink prices rose an estimated 7.12 per cent in the year to February.

Despite robust GDP growth and low unemployment, pollsters say the 79-year-old’s ratings have suffered from stubborn inflation, which at an estimated annual 4.96 per cent in February was above an official target ceiling of 4.5 per cent.

More Pictures

Brazil to scrap import tariffs on basic foods - Financial Times (Picture 1)

or

Article Details

Author / Journalist: Michael Pooler

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-07 @ 15:32:36 (3 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 686 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 26725811

View Article Analysis

About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 19 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Brazil to scrap import tariffs on basic foods" has 686 words across 21 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Brazil to scrap import tariffs on basic foods" was covered 3 days ago by Financial Times, a news publisher based in United States.

How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news.

The outlet is headquartered in United States and publishes an average of 19 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #26725811
  • URL: https://beamstart.com/news/brazil-to-scrap-import-tariffs-17413655943384

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.