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LatinNews Daily - 23 May 2018

In brief: Brazil

* Lorry drivers continued their strike against rising fuel prices for a second day running, which is beginning to impact trade. Brazil’s meat association (ABPA) said it was worried its produce would go off following disruption at the country’s ports, and car-manufacturers such as Chevrolet, Fiat, and Ford also told local daily G1 they were in trouble. After an emergency meeting, the federal government said they were willing to reduce a fuel tax (Cide) to get prices down, but only if congress approved another reform to end payroll taxes first.

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