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Brazil Finance Minister Blames High Rates, Changing Habits for Retail Crisis
InfoMoney·BR·about 2 hours ago
The president of the Instituto de Desenvolvimento do Varejo says the retail sector was caught off guard by the proposed tax on blusinhas (women's blouses) and received no justification. The lack of coherence in the proposal hinders a constructive debate, signaling potential friction between the government and retail stakeholders over tax policy.