Import tariffs hit US medtech exports to Brazil:
This article was originally published in Clinica
Executive Summary
US medical equipment exports to Brazil, which have been growing at 11% annually, are set to plummet this year, according to a new report. Import tariffs, which went into effect in July, will seriously erode the 50% share of the Brazilian import market currently held by US products, says Biomedical Market Newsletter's 1999 Business, Employment & Salary Outlook Report. The review also predicts a slump in US exports to Asia, Japan and Russia this year, although it says these markets should "bounce back" in the second half of 1999.