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Brazilian future rates plunge, hit oscillation limits as Bolsonaro leads Lula in first round
Valor Econômico·BR·3 days ago
Brazil's Congress approved Provisional Measure 1.357/2026, converting into law the zero import tax rate on international shipments up to US$50, ending the 'blusinha' tax. The measure consolidates the current policy but the broader tax debate on e-commerce and fiscal revenue remains unresolved. This matters as it affects cross-border trade flows and domestic retail competitiveness in Brazil.