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Lula Exempts International Purchases From Federal Taxes
- On Tuesday, President Luiz Inacio Lula da Silva signed an executive order eliminating federal taxes on foreign purchases up to $50, effective Wednesday, May 13, 2026.
- This policy shift reverses the 2024 levy Lula previously called a "lack of consideration for the most humble," as he prepares to seek re-election in October.
- Following an AtlasIntel poll where 62% of Brazilians called the tax a mistake, the combined federal-plus-state rate drops from roughly 44% to 20%.
- Textile retail group ABVTEX and industry confederation CNI "repudiate with vehemence" the move as a "direct attack on 18 million domestic jobs," while foreign e-commerce platforms gain immediate pricing relief.
- Congress has 120 days to ratify the provisional measure; failure to meet the September 9 deadline causes the duty to automatically reactivate before the October 4 election.
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Lula Kills 20% Shein Import Tax Five Months Before Election Vote
Key Facts —The decree: President Lula signed a provisional measure on May 12, 2026 zeroing the 20% federal import duty on cross-border purchases up to US$50, effective May 13, with 120 days for Congress to ratify the text. —What survives: State-level ICMS sales tax at 20% remains in force, meaning sub-$50 packages from Shein, Shopee, […] The post Lula Kills 20% Shein Import Tax Five Months Before Election Vote appeared first on The Rio Times.
·Brazil
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Tax exemption comes into effect from Wednesday 13
·São Paulo, Brazil
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Members of the Palace of the Planalto assess that the tariff affected the popularity of the president
·Brazil
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Total News Sources20
Leaning Left3Leaning Right2Center2Last UpdatedBias Distribution43% Left
Bias Distribution
- 43% of the sources lean Left
43% Left
L 43%
C 29%
R 28%
Factuality
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