US Natural Gas Futures Trading Halted, Affecting Metals Contracts in Major Market Disruption

According to reports, on the 26th, the Executive Management Committee of Brazil’s Foreign Trade Chamber (Gecex) decided to implement a four-month zero-tariff policy on 191 electronic and information technology products for which import duties had previously been increased, in order to reduce industrial costs and ensure supply in China. According to Brazil’s Ministry of Development, Industry, Trade and Services, the tariff reduction covered products including smartphones, computer equipment, and electronic components. In early February this year, the Brazilian government raised import tariffs on more than 1,200 electronic products, significantly affecting the mobile phone industry, household appliances, and medical equipment; in late February, it adjusted its tariff policy and applied zero tariffs to 105 of those items.