Comment Re:Brazil charges prohibitive import duty (Score 1) 312
For instance, If the price of imported electronics goes up (via an import tariff), this creates an opportunity for local electronics producers to benefit. The local cost of electronics increases, and the profit margins of local electronics producers increase. But the only people who have any increased expense are those who buy electronics.
Not working. We are getting the crappiest craps at 2-5x the US price. The Chinese components are only bolted on in Brazil. Almost not technology is developed on the process.