Lula Scraps Hated ‘Crop-Top Tax’ Ahead of Brazilian Election

Luiz Inacio Lula da Silva — Luiz Inacio Lula da Silva
Photographer: Aaron Schwartz/Bloomberg

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By Daniel Carvalho, Barbara Nascimento, and Martha Beck

May 12, 2026 at 11:30 PM UTC

Leia em português.

Brazilian President Luiz Inacio Lula da Silva scrapped a tax on imports valued at $50 or less, a measure likely to boost his popularity less than five months before the election.