It’s been that way for years regarding electronics and other goods in Brazil...very high prices.
And it has nothing to do with tariffs....as some of the Liberal Globalists have been claiming
Goods are cheaper in US because of our economy....more people can afford the products.....meaning more customers....the economy of scale allows companies to sell products cheaper in US
Brazil economy....contrary to Liberal “I Agree with Obama on Free Trade” Globalist....is still weak....most people cannot afford electronics and other goods...hence less of a market
Orlando’s International Drive is filled with Brazilian owned electronics shops for the sole purpose of Brasileros buying them and bringing the electronics home
You’re taking me back to my days selling electronics in a mall and being overrun with foreign tourists asking if we carried VCR’s in PAL format.
Not really. It’s more like a combination of a high VAT and tariffs that hit imports at 100% of assessed value, even for components used fr manufacture in Brazil. While it is true that salaries are low relative to the cost of housing in the bigger cities, even Classes D and E are still buying goods on installment “interest free.” Between high tariffs, taxes, a real estate bubble and inflation (hidden and unhidden) you have a large consumer economy where the growth in disposable income, while significant , is masked by the high cost of goods.