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Brief
"On March 31, 2025, the National Government lowered import tariffs on textiles, shoes, yarns, and fabrics set by MERCOSUR 18 years ago. The decree reduces tariffs from 35% to 20% for clothing and footwear, 26% to 18% for fabrics, and 18%, 12, 14, or 16% for various types of yarns, reverting to pre-2007 levels."
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