The request of Secretary of the United States Treasury, Scott Besent, To Argentina to replace the soy withholdings immediately after reaching the quota of US $ 7,000 million liquidation, It would obey a claim from the American Soynean Association (ASA), The entity that represents US “farmers”.
Among the ads that Besent formulated on Wednesday, by informing about the rescue package for the government of about US $ 20,000 million through a coin swap or a bond purchase, he also said that I was working with the Argentine authorities to conclude with the exception of the tax to exports for those who change soybeans for dollars.
The announcement, included in the framework of help measures, It generated a certain bewilderment. Some would have believed that the American government might be interested in Argentina generating dollars to pay their debts, for which it has to boost its exports. Then the logic is to eliminate tax that criminalize that activity.
The other interpretation that there was the opposite: that The United States wants Argentina to maintain fiscal and budgetary health, And therefore, he asks the Milei government not to eliminate the tax that collects almost $ 9 billion per month.
But a note from the ASA would have made clear the reasons that Scott would have Besent for that claim.
American Sojeros point out that after the announcement of the aid package “Almost immediately afterwards, it was reported that China bought 20 Argentine soy cargoes after the announcement of the Argentine government of the exemption of taxes on its soy exports. ”
The complaint of American producers
“American soy producers have been clear for months: The government needs to close a commercial agreement with China. China is the largest world soy client and, usually, our main export market, ”says the entity.
The note argues that “The United States has not made sales to China in this new agricultural campaign Due to 20 % retaliation tariffs imposed by China in response to US tariffs. ”
“This has allowed other exporters, such as Brazil and now Argentina, take over our market At the expense of American farmers, ”adds the statement.
The text indicates that “Frustration is overwhelming”. “The American soy prices are falling, the harvest is underway and farmers read holders who do not talk about closing a commercial agreement with China, but that the US government is giving 20 billion dollars in financial support to Argentina, while This country reduces its soy export taxes to sell 20 Argentine soy cargoes to China in just two days, ”adds the text.
The statement says that “American farmers They can’t expect even hope. ”
“The handle urge President Trump and her Negotiating team to prioritize the achievement of an immediate agreement on soybeans with China. The agricultural economy suffers while our competitors move to the United States In the largest importer of soybeans in the world, ”concluded the entity.
Source: Ambito
