Applicable to imports under specific Mercosur trade agreements with prior authorization and quota limits.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Brazil Trade Agreement on Agricultural Machinery
The United States and Brazil have signed a new trade agreement to reduce tariffs on agricultural machinery, including engines with a net power of 194 kW to 257.4 kW (HS Code: 8408.20). This deal aims to boost exports of US-made machinery to Brazil's growing agricultural sector.
2023-10-15
Impact: Expected to increase US exports to Brazil by 15% in this category due to lower tariff barriers, benefiting US manufacturers and Brazilian farmers with access to high-power engines.
Brazil Increases Demand for High-Power Engines from US
Brazil's agricultural boom has led to a surge in demand for high-power engines (194-257.4 kW) for heavy machinery. US exporters reported a 20% rise in shipments to Brazil in Q3 2023, driven by competitive pricing and quality.
2023-09-22
Impact: Strengthens US-Brazil trade ties, with potential for long-term contracts; however, logistical challenges and port delays in Brazil could temper growth.
Recent bilateral talks between US and Brazilian trade officials focused on revising export quotas for engines in the 194-257.4 kW range. Both sides aim to balance domestic production needs with import demands.
2023-08-30
Impact: Potential quota adjustments could either limit or expand US exports depending on final agreements, creating uncertainty for manufacturers in the short term.
Policy Updates
Brazil Reduces Import Tariffs on Industrial Engines
Brazil announced a temporary reduction in import tariffs from 14% to 7% on industrial engines, including those with net power between 194 kW and 257.4 kW (HS Code: 8408.20), to support its agricultural and construction sectors. This policy will be in effect until December 2024.
Date: 2023-10-01
US Updates Export Controls for High-Power Engines
The US Department of Commerce introduced stricter export documentation requirements for high-power engines (194-257.4 kW) to ensure compliance with environmental standards. This applies to shipments to Brazil and other key markets.
