SAO PAULO (Reuters) – The incoming government of Brazil’s president-elect, Jair Bolsonaro, does not have plans to cancel a controversial table that sets minimum truck freight prices that has been heavily criticized by farmers and commodities traders.
Bolsonaro’s future infrastructure minister, Tarcisio Freitas, told Reuters on Friday that the government will revise the values in the table, but plans to enforce it. Freitas said the transition team is speaking with all parties involved in the truck freight issue with the aim of resolving it in the first month of the new government in January.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Source: Investing.com