Tariffs in Brazil

Tariffs are a tax on imports or exports of a country. The three main taxes on imports in Brazil are the import duty tax, industrialized product tax, and the merchandise and service circulation tax. The import duty- a tax that is required by the country on imports to the country. In Brazil specifically, it ranges

Are Honduran Tariffs Slowly Disappearing?

Currently, Honduras has two free-trade agreements–CAFTA-DR and SIECA. CAFTA-DR (Dominican Republic-Central America FTA) is a deal between the Dominican Republic, El Salvador, Guatemala, Nicaragua, Honduras and the United States. SIECA (the Central American Economic Integration System) is an agreement between the same neighboring Central American countries as CAFTA-DR includes, except it adds Panama and Cost Rica and takes

Costa Rica: Biggest Export of Pineapples

In 2019, Costa Rica exported the highest dollar worth of pineapples; the 43.8% of total exported pineapples, was $981 million USD. Costa Rica’s biggest trading partner is the United States. The Central America – Dominican Republic Free Trade Agreement (CAFTA) allows these two countries to trade without paying import, sales, value-added, or other taxes. CAFTA,