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Trade Deficit Widens, Tech Imports Rise

By Maria Lopez Conde, Senior Contributing Reporter

SÃO PAULO, BRAZIL – As Brazil’s balance of trade widens to a historic high, data from the Institute of Studies for Industrial Development (IEDI) has shown the trade deficit generated by imports of medium and high-technology products reached US$46.8 billion in the first seven months of the year. That figure is 16.3 percent higher than in the same time period in 2012.

According to the Secretariat of Exterior Commerce, Samsung . . .

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