Increase in tariffs compromises the competitiveness of national industry, and provides that jobs will fall
Maeli Prado – From the United States about Brazilian products will make 75% of exports from Brazilian music industry unfeasible to the US market, according to an estimated Anafima (National Association of Music Industry).
According to the entity, the measure will have an impact mainly on segments where there is higher sales for the US, which are speakers and audio equipment.
“The American market represents one of the main consumption centers of our products, and this tariff increase seriously compromises the competitiveness of national industry,” said Daniel Neves, president of the entity.
The assessment of the association is that the tariffs imposed by the US will cause double loss, as the surcharge on Chinese products may cause diversion of musical instruments from China to Brazil.
“In addition to affecting our exports, the tariff makes room for an even greater invasion of Chinese products in Brazil, in a rebounding movement extremely harmful to local industry,” said Neves.
Representatives of the Association gather on Friday (1) with the US Consulate in Sao Paulo to try to reverse the rate about the sector.
“It is essential that they understand the weight that this decision will have for our sector, which already faces unfair and growing competition of Chinese products,” said the president of Anaphima.
The forecast, he said, is that the audio segment will fall 10% in the number of jobs. “The national music industry is in danger of being devalued internationally,” he said. “We need a coordinated and urgent response.”
