IBOV 175,778 ▼ 0.89% IPSA 10,715 ▼ 1.02% IPC MEX 69,022 ▲ 1.11% MERVAL 2,924,253 ▲ 2.74% COLCAP 2,118 ▼ 0.22% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 5.03 ▲ 0.19% USD/MXN 17.31 ▲ 0.16% USD/CLP 893.75 ▼ 0.20% USD/COP 3,667 ▼ 0.34% USD/PEN 3.41 ▼ 0.25% USD/ARS 1,410 ▲ 0.64% USD/UYU 40.01 ▲ 1.62% USD/PYG 6,131 ▲ 2.87% USD/BOB 6.85 ▲ 2.04% USD/DOP 58.30 ▲ 0.45% USD/CRC 449.72 ▲ 2.46% USD/GTQ 7.62 ▲ 2.64% USD/HNL 26.62 ▲ 2.09% USD/NIO 36.62 ▲ 1.03% USD/VES 534.05 ▲ 0.79% USD/PAB 1.00 ▲ 2.57% USD/BZD 2.00 ▲ 2.00% USD/JMD 156.59 ▲ 0.54% USD/TTD 6.72 ▲ 1.37% EUR/BRL 5.84 ▼ 0.01% BRENT 96.67 ▼ 6.64% WTI 93.91 ▼ 2.78% IRON ORE 161.91 — — COPPER 6.40 ▲ 0.96% GOLD 4,495 ▼ 0.58% SILVER 76.39 ▲ 0.65% SOY 1,186 ▼ 0.92% CORN 458.00 ▼ 1.13% WHEAT 635.00 ▼ 1.74% COFFEE 272.05 ▼ 0.11% SUGAR 14.53 ▼ 1.16% ORANGE JUICE 173.00 ▲ 0.90% COTTON 77.46 ▲ 0.05% COCOA 4,152 ▲ 9.38% BEEF 239.30 ▼ 4.01% CATTLE 349.38 ▼ 0.14% LITHIUM 86.05 ▲ 0.90% PETR4 43.38 ▼ 0.05% VALE3 82.57 ▼ 1.22% ITUB4 39.86 ▼ 1.14% BBDC4 17.77 ▼ 1.66% ABEV3 16.49 ▲ 0.55% BBAS3 21.17 ▼ 2.26% B3SA3 16.94 ▼ 1.85% WEGE3 43.04 ▼ 0.62% PRIO3 64.70 ▲ 0.61% SUZB3 41.56 ▲ 0.36% RENT3 43.70 ▼ 2.67% AZZA3 20.46 ▼ 2.06% CSAN3 4.22 ▼ 3.87% RAIZ4 0.40 ▼ 2.44% PCAR3 2.02 ▼ 2.42% GMAT3 4.34 ▼ 2.47% PSSA3 48.74 ▼ 1.02% CVCB3 1.73 ▼ 2.81% POSI3 4.14 ▲ 0.98% SLCE3 16.14 ▼ 0.49% NATU3 10.23 ▼ 2.85% BRKM5 11.58 ▼ 6.61% RANI3 7.89 ▼ 1.74% CSNA3 6.64 ▼ 1.19% CMIN3 4.53 ▲ 0.89% USIM5 9.70 ▼ 3.19% GGBR4 23.41 ▼ 3.18% ENEV3 24.97 ▼ 0.99% NEOE3 33.80 — 0.00% CPFE3 43.30 — 0.00% CMIG4 11.17 ▼ 0.89% EQTL3 38.53 ▲ 0.08% LREN3 15.10 ▼ 2.01% VIVT3 33.69 ▲ 0.45% RAIL3 14.18 ▼ 1.25% KLABIN 16.61 ▲ 0.36% RAIA DROGASIL 17.95 ▼ 2.87% RDOR3 34.68 ▲ 0.49% HAPV3 12.30 ▼ 0.81% FLRY3 15.92 — 0.00% SMTO3 17.15 ▼ 0.92% UGPA3 27.85 ▼ 2.07% VBBR3 31.84 ▼ 1.36% BBSE3 34.58 ▼ 0.12% BPAC11 55.06 ▼ 1.50% CURY3 32.06 ▲ 0.56% AERI3 2.31 ▼ 1.70% VIVARA 22.09 ▼ 2.82% COMPASS 26.81 ▼ 1.65% VAMOS 3.25 ▼ 3.56% SANB11 27.13 ▼ 1.85% ASAI3 9.17 ▲ 0.55% SBSP3 28.48 ▼ 2.13% WALMEX 54.68 ▼ 0.94% GMEXICO 212.20 ▲ 3.20% FEMSA 210.95 ▲ 0.44% CEMEX 22.65 ▲ 2.63% GFNORTE 191.72 ▲ 1.64% BIMBO 58.59 ▲ 1.09% TELEVISA 9.84 ▲ 1.97% AMX 22.44 ▲ 0.72% GAP 422.48 ▼ 0.64% ASUR 309.84 ▲ 2.68% OMA 220.56 ▼ 2.94% KOF 187.35 ▲ 0.57% GRUMA 297.25 ▲ 0.57% KIMBER 37.74 ▲ 0.05% SQM-B 72,160 ▼ 1.84% COPEC 6,390 ▼ 0.47% BSANTANDER 71.21 ▼ 0.52% FALABELLA 5,850 ▼ 1.33% ENELAM 78.32 ▼ 0.23% CENCOSUD 2,141 ▼ 2.68% CMPC 1,141 ▼ 0.39% BANCO CHILE 171.00 ▼ 0.67% LATAM AIR 23.19 ▼ 2.36% YPF 72,650 ▲ 2.29% GGAL 6,760 ▲ 4.73% PAMPA 4,830 ▲ 0.99% TXAR 641.00 ▲ 1.10% ALUAR 952.50 ▲ 1.49% TGS 8,700 ▲ 0.17% CEPU 2,148 ▲ 3.42% MIRGOR 16,300 ▼ 0.31% COME 44.16 ▲ 1.05% LOMA NEGRA 3,400 ▲ 3.74% BYMA 287.25 ▲ 0.70% TELECOM ARG 3,740 ▲ 7.09% ECOPETROL 14.56 ▲ 5.13% BANCOLOMBIA 71.15 ▲ 8.00% GRUPO AVAL 4.61 ▲ 8.98% CREDICORP 346.82 ▲ 3.75% SOUTHERN COPPER 188.83 ▲ 5.10% BUENAVENTURA 35.03 ▲ 4.69% MERCADOLIBRE 1,650 ▼ 0.85% NUBANK 12.91 ▲ 1.37% XP 17.07 ▲ 1.49% PAGSEGURO 9.16 ▲ 0.16% STONE 11.09 ▲ 0.82% GLOBANT 38.76 ▼ 3.41% TECNOGLASS 41.44 ▲ 0.68% GAP AIRPORT 243.41 ▲ 1.25% ASUR 309.84 ▲ 2.68% OMA AIRPORT 101.77 ▼ 1.39% AMX ADR 25.91 ▼ 0.90% FEMSA ADR 121.76 ▲ 0.40% CEMEX ADR 13.06 ▲ 3.94% PETROBRAS ADR 19.47 ▼ 2.16% VALE ADR 16.40 ▼ 0.52% ITAU ADR 7.89 ▲ 0.90% SANTANDER BR 5.43 ▲ 0.65% AMBEV ADR 3.26 ▲ 1.72% CSN 1.34 ▼ 1.11% GERDAU 4.66 ▼ 1.89% LATAM ADR 51.84 ▲ 3.91% BTC 75,960 ▼ 1.71% ETH 2,072 ▼ 1.89% SOL 83.73 ▼ 1.51% XRP 1.33 ▼ 1.23% BNB 655.48 ▼ 1.03% ADA 0.24 ▼ 1.30% DOGE 0.10 ▼ 1.02% AVAX 9.17 ▼ 1.43% LINK 9.40 ▼ 1.00% DOT 1.25 ▼ 0.97% LTC 51.92 ▼ 1.40% BCH 345.28 ▼ 1.72% TRX 0.37 ▲ 0.69% XLM 0.15 ▼ 1.67% HBAR 0.09 ▼ 1.53% NEAR 2.60 ▼ 6.37% ATOM 2.18 ▲ 2.22% AAVE 86.02 ▼ 0.32% SELIC 14.50% EMBRAER 72.22 ▼ 1.45% EMBRAER ADR 57.42 ▼ 0.28% JBS 12.73 ▼ 3.67% JBS BDR 63.84 ▼ 3.93% MBRF3 15.96 ▼ 1.72% MBRFY 3.22 ▼ 3.59% INTER 6.25 ▲ 1.38% IBOV 175,778 ▼ 0.89% IPSA 10,715 ▼ 1.02% IPC MEX 69,022 ▲ 1.11% MERVAL 2,924,253 ▲ 2.74% COLCAP 2,118 ▼ 0.22% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 5.03 ▲ 0.19% USD/MXN 17.31 ▲ 0.16% USD/CLP 893.75 ▼ 0.20% USD/COP 3,667 ▼ 0.34% USD/PEN 3.41 ▼ 0.25% USD/ARS 1,410 ▲ 0.64% USD/UYU 40.01 ▲ 1.62% USD/PYG 6,131 ▲ 2.87% USD/BOB 6.85 ▲ 2.04% USD/DOP 58.30 ▲ 0.45% USD/CRC 449.72 ▲ 2.46% USD/GTQ 7.62 ▲ 2.64% USD/HNL 26.62 ▲ 2.09% USD/NIO 36.62 ▲ 1.03% USD/VES 534.05 ▲ 0.79% USD/PAB 1.00 ▲ 2.57% USD/BZD 2.00 ▲ 2.00% USD/JMD 156.59 ▲ 0.54% USD/TTD 6.72 ▲ 1.37% EUR/BRL 5.84 ▼ 0.01% BRENT 96.67 ▼ 6.64% WTI 93.91 ▼ 2.78% IRON ORE 161.91 — — COPPER 6.40 ▲ 0.96% GOLD 4,495 ▼ 0.58% SILVER 76.39 ▲ 0.65% SOY 1,186 ▼ 0.92% CORN 458.00 ▼ 1.13% WHEAT 635.00 ▼ 1.74% COFFEE 272.05 ▼ 0.11% SUGAR 14.53 ▼ 1.16% ORANGE JUICE 173.00 ▲ 0.90% COTTON 77.46 ▲ 0.05% COCOA 4,152 ▲ 9.38% BEEF 239.30 ▼ 4.01% CATTLE 349.38 ▼ 0.14% LITHIUM 86.05 ▲ 0.90% PETR4 43.38 ▼ 0.05% VALE3 82.57 ▼ 1.22% ITUB4 39.86 ▼ 1.14% BBDC4 17.77 ▼ 1.66% ABEV3 16.49 ▲ 0.55% BBAS3 21.17 ▼ 2.26% B3SA3 16.94 ▼ 1.85% WEGE3 43.04 ▼ 0.62% PRIO3 64.70 ▲ 0.61% SUZB3 41.56 ▲ 0.36% RENT3 43.70 ▼ 2.67% AZZA3 20.46 ▼ 2.06% CSAN3 4.22 ▼ 3.87% RAIZ4 0.40 ▼ 2.44% PCAR3 2.02 ▼ 2.42% GMAT3 4.34 ▼ 2.47% PSSA3 48.74 ▼ 1.02% CVCB3 1.73 ▼ 2.81% POSI3 4.14 ▲ 0.98% SLCE3 16.14 ▼ 0.49% NATU3 10.23 ▼ 2.85% BRKM5 11.58 ▼ 6.61% RANI3 7.89 ▼ 1.74% CSNA3 6.64 ▼ 1.19% CMIN3 4.53 ▲ 0.89% USIM5 9.70 ▼ 3.19% GGBR4 23.41 ▼ 3.18% ENEV3 24.97 ▼ 0.99% NEOE3 33.80 — 0.00% CPFE3 43.30 — 0.00% CMIG4 11.17 ▼ 0.89% EQTL3 38.53 ▲ 0.08% LREN3 15.10 ▼ 2.01% VIVT3 33.69 ▲ 0.45% RAIL3 14.18 ▼ 1.25% KLABIN 16.61 ▲ 0.36% RAIA DROGASIL 17.95 ▼ 2.87% RDOR3 34.68 ▲ 0.49% HAPV3 12.30 ▼ 0.81% FLRY3 15.92 — 0.00% SMTO3 17.15 ▼ 0.92% UGPA3 27.85 ▼ 2.07% VBBR3 31.84 ▼ 1.36% BBSE3 34.58 ▼ 0.12% BPAC11 55.06 ▼ 1.50% CURY3 32.06 ▲ 0.56% AERI3 2.31 ▼ 1.70% VIVARA 22.09 ▼ 2.82% COMPASS 26.81 ▼ 1.65% VAMOS 3.25 ▼ 3.56% SANB11 27.13 ▼ 1.85% ASAI3 9.17 ▲ 0.55% SBSP3 28.48 ▼ 2.13% WALMEX 54.68 ▼ 0.94% GMEXICO 212.20 ▲ 3.20% FEMSA 210.95 ▲ 0.44% CEMEX 22.65 ▲ 2.63% GFNORTE 191.72 ▲ 1.64% BIMBO 58.59 ▲ 1.09% TELEVISA 9.84 ▲ 1.97% AMX 22.44 ▲ 0.72% GAP 422.48 ▼ 0.64% ASUR 309.84 ▲ 2.68% OMA 220.56 ▼ 2.94% KOF 187.35 ▲ 0.57% GRUMA 297.25 ▲ 0.57% KIMBER 37.74 ▲ 0.05% SQM-B 72,160 ▼ 1.84% COPEC 6,390 ▼ 0.47% BSANTANDER 71.21 ▼ 0.52% FALABELLA 5,850 ▼ 1.33% ENELAM 78.32 ▼ 0.23% CENCOSUD 2,141 ▼ 2.68% CMPC 1,141 ▼ 0.39% BANCO CHILE 171.00 ▼ 0.67% LATAM AIR 23.19 ▼ 2.36% YPF 72,650 ▲ 2.29% GGAL 6,760 ▲ 4.73% PAMPA 4,830 ▲ 0.99% TXAR 641.00 ▲ 1.10% ALUAR 952.50 ▲ 1.49% TGS 8,700 ▲ 0.17% CEPU 2,148 ▲ 3.42% MIRGOR 16,300 ▼ 0.31% COME 44.16 ▲ 1.05% LOMA NEGRA 3,400 ▲ 3.74% BYMA 287.25 ▲ 0.70% TELECOM ARG 3,740 ▲ 7.09% ECOPETROL 14.56 ▲ 5.13% BANCOLOMBIA 71.15 ▲ 8.00% GRUPO AVAL 4.61 ▲ 8.98% CREDICORP 346.82 ▲ 3.75% SOUTHERN COPPER 188.83 ▲ 5.10% BUENAVENTURA 35.03 ▲ 4.69% MERCADOLIBRE 1,650 ▼ 0.85% NUBANK 12.91 ▲ 1.37% XP 17.07 ▲ 1.49% PAGSEGURO 9.16 ▲ 0.16% STONE 11.09 ▲ 0.82% GLOBANT 38.76 ▼ 3.41% TECNOGLASS 41.44 ▲ 0.68% GAP AIRPORT 243.41 ▲ 1.25% ASUR 309.84 ▲ 2.68% OMA AIRPORT 101.77 ▼ 1.39% AMX ADR 25.91 ▼ 0.90% FEMSA ADR 121.76 ▲ 0.40% CEMEX ADR 13.06 ▲ 3.94% PETROBRAS ADR 19.47 ▼ 2.16% VALE ADR 16.40 ▼ 0.52% ITAU ADR 7.89 ▲ 0.90% SANTANDER BR 5.43 ▲ 0.65% AMBEV ADR 3.26 ▲ 1.72% CSN 1.34 ▼ 1.11% GERDAU 4.66 ▼ 1.89% LATAM ADR 51.84 ▲ 3.91% BTC 75,960 ▼ 1.71% ETH 2,072 ▼ 1.89% SOL 83.73 ▼ 1.51% XRP 1.33 ▼ 1.23% BNB 655.48 ▼ 1.03% ADA 0.24 ▼ 1.30% DOGE 0.10 ▼ 1.02% AVAX 9.17 ▼ 1.43% LINK 9.40 ▼ 1.00% DOT 1.25 ▼ 0.97% LTC 51.92 ▼ 1.40% BCH 345.28 ▼ 1.72% TRX 0.37 ▲ 0.69% XLM 0.15 ▼ 1.67% HBAR 0.09 ▼ 1.53% NEAR 2.60 ▼ 6.37% ATOM 2.18 ▲ 2.22% AAVE 86.02 ▼ 0.32% SELIC 14.50% EMBRAER 72.22 ▼ 1.45% EMBRAER ADR 57.42 ▼ 0.28% JBS 12.73 ▼ 3.67% JBS BDR 63.84 ▼ 3.93% MBRF3 15.96 ▼ 1.72% MBRFY 3.22 ▼ 3.59% INTER 6.25 ▲ 1.38%
since 2009
Tuesday, May 26, 2026

Brazil Business

Brazil Tyre Industry Seeks Tariff Hike Against Cheap Imports

By · May 26, 2026 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

BRAZIL · ECONOMY

Key Facts

The request: Brazil’s tyre industry is asking the government to raise the import tariff from 25% to 35%.

The shift: Imports, mostly Chinese, now hold about 69% of the market, up from 31% in 2019.

The claim: The industry body alleges dumping and breaches of environmental rules by importers.

The pushback: Importers say a higher tariff would mainly raise prices for consumers.

Latin American impact: Part of a wider regional debate over how to respond to a surge in Chinese imports.

Brazil Tyre Industry Seeks Tariff Hike Against Cheap Imports. (Photo Internet reproduction)

Brazil’s tyre manufacturers are pressing the government for higher import tariffs, arguing that a flood of cheap foreign tyres, mostly from China, is squeezing local production to record lows.

What the industry is asking for

The national tyre-makers’ association met the Development Ministry to request that the import tariff on passenger tyres rise from 25% to 35%. The group says the current rate is not enough to counter a wave of low-priced imports.

The tariff was already lifted from 16% to 25% in 2024. Last year the industry sought the increase to 35%, but the government chose to hold the rate, and the sector has now renewed the request.

The association alleges that some imports enter at prices it calls unfair, and that importers do not always meet Brazil’s environmental rules. The government has not announced a decision.

A shifting market for tyres

The numbers show a sharp reversal. Tyres made in Brazil accounted for about 31% of sales early this year, the industry’s lowest on record, down from 69% in 2019. Imports, largely Chinese, now hold the rest.

Sales of locally made tyres fell in the first months of the year, and the association warns of risks to factories and jobs if the trend continues. The sector runs more than a dozen plants across several states.

Importers and some analysts counter that higher tariffs would mostly fall on drivers, raising prices at the till. The dispute mirrors tensions in other Brazilian industries facing cheaper Asian goods.

Frequently Asked Questions

What does Brazil’s tyre industry want?

It is asking the government to raise the import tariff on passenger tyres from 25% to 35%, arguing that cheap imports, mostly Chinese, are taking over the market through what it calls unfair pricing.

How much of the market is imported?

Imports now hold about 69% of sales, the industry says, up from 31% in 2019. Brazilian-made tyres have fallen to roughly 31%, described as a record low.

What do opponents say?

Importers argue a higher tariff would mainly raise prices for consumers. The government has heard both sides but has not announced a decision.

Connected Coverage

For more on Brazil’s trade, see our coverage of its record trade surplus. For another China-linked story in the region, see our report on Peru’s Chinese-built Chancay port.

Read More from The Rio Times

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.