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Brazil Modifies Duty Preference for High Tenacity Polyester Monofilament

Brazil has amended from 4,200 tonnes to 8,400 tonnes the tariff-rate quota in place on high tenacity polyester monofilament yarn, except yarn of more than 1,100 decitex but less than 2,200 decitex, classified under NCM 5402.20.00. In-quota merchandise will benefit from a reduced two percent duty through 23 July 2019 while out-of-quota shipments will face the regular 18 percent MFN duty.

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