Brazil Congress Ends 'Blusinha Tax' on Low-Value Imports; Awaits Lula Sanction

Brazil's Chamber and Senate approved a bill eliminating the 'blusinha tax' on low-value international e-commerce shipments, a measure that had been introduced to level the playing field for domestic retailers. The bill now awaits President Lula's sanction. This is a reversal of recent policy and a win for cross-border platforms like Shein, potentially boosting import volumes and pressuring local industry.