Brazil's Foreign Trade Chamber executive committee (GECEX) issued Resolution No. 726, signed 20 May 2025 and published in the Diário Oficial da União on 21 May 2025, amending the Annex I tariff schedule set by Resolution Gecex No. 322 (4 April 2022). The measure eliminates import duties (reducing to 0%) on 256 capital-goods items spanning 107 six-digit NCM tariff codes, and raises import duties on 9 capital-goods items across 9 six-digit NCM codes, for a combined 274 affected tariff lines. The changes took effect 28 May 2025, one week after publication. Global Trade Alert classifies the measure "Red" (trade-restrictive) overall and flags Austria, Belgium and Canada among the trading partners most exposed by historical trade volume in the affected pumps, compressors, industrial-oven and furnace, and lifting/handling equipment lines.

Analyst notesShow

Mechanism

Resolution 726 is part of the same May 2025 GECEX tariff-rebalancing round that produced companion Resolutions 727, 728, 730 and 731 (filed elsewhere in this register). Where those resolutions are largely Ex-Tarifário grant/revocation actions, Resolution 726 directly amends the Common External Tariff (TEC) schedule inherited from Resolution 322/2022: it zeroes out duties on 256 capital-goods tariff lines (107 six-digit NCM codes) that previously carried a standard rate, while raising duties on a narrower set of 9 items (9 six-digit NCM codes) — a partial course correction within the same schedule. The one-week lag between the 21 May 2025 DOU publication and the 28 May 2025 effective date is shorter than the two-month lag used in the companion Ex-Tarifário resolutions from the same week.

The Diário Oficial da União gazette page hosting the full resolution text (https://www.in.gov.br/web/dou/-/resolucao-gecex-n-726-de-20-de-maio-de-2025-*-631567428) was unreachable from this collection pipeline (connection reset on probe); the resolution's existence, number, signing date and legal subject are confirmed via MDIC's own official resolutions index, which directly names and links the DOU citation, corroborated by independent Brazilian trade-law commentary (Legisweb, Haidar, Tradeworks) describing the same 20 May 2025 resolution and its 21 May 2025 DOU publication.

Downstream implications

Net tariff relief for importers of the 256 capital-goods lines moving

to 0% duty, offset by a cost increase on the narrower set of 9 lines moving to a higher rate — both effective 28 May 2025.

GTA identifies Austria, Belgium and Canada as trade-exposed partners in

the affected pumps/compressors, industrial ovens and furnaces, and lifting/handling equipment lines.

Part of GECEX's routine, high-frequency capital-goods tariff

rebalancing cycle rather than a standalone strategic policy shift; contemporaneous with the companion Resolutions 727, 728, 730 and 731 filed elsewhere in this register.

Open questions

Exact NCM/Ex-code line items and resulting duty rates for both the

256-item elimination group and the 9-item increase group — not confirmed pending access to the full DOU text.

Whether the temporary measure noted by GTA (revocation slated for 31

December 2025) was extended or allowed to lapse.

Sources

Primary: Ministério do Desenvolvimento, Indústria, Comércio e Serviços (MDIC) — Resoluções Gecex sobre Alterações Tarifárias (lists Resolução Gecex nº 726, de 20 de maio de 2025, altering Anexo I of Resolução Gecex nº 322/2022; links to the Diário Oficial da União text)

Secondary: Global Trade Alert state act 91789

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Mechanism

Downstream implications

Net tariff relief for importers of the 256 capital-goods lines moving

to 0% duty, offset by a cost increase on the narrower set of 9 lines moving to a higher rate — both effective 28 May 2025.

GTA identifies Austria, Belgium and Canada as trade-exposed partners in

the affected pumps/compressors, industrial ovens and furnaces, and lifting/handling equipment lines.

Part of GECEX's routine, high-frequency capital-goods tariff

rebalancing cycle rather than a standalone strategic policy shift; contemporaneous with the companion Resolutions 727, 728, 730 and 731 filed elsewhere in this register.