Javier Milei advances with a second stage of his plan he called “deep chainsaw”. The Government announced on Tuesday four imports of importing imports: the reduction of controls for electrical articles, cement, security elements and elevators. The objective of the economic team is to “lower prices and increase competition.” The affectation to the local industry, the next steps and the future of tariffs, in analysis.
In Tuesday, the Ministry of Commerce sent four communications. All in the same sense, the Elimination of quality controls or simplification of certifications for the importation of different products. Previously, the Minister of Economy, Luis Caputo, had confirmed the disappearance of the Statistical Import System (SEDI), which had replaced the import system of the Argentine Republic (SIRA).
As for the latest communications, news affects cement, personal protection elements, electronic articles and elevators. Scope talked with companies from the different sectors. In general, the signatures are analyzing the small print to better understand the implications of the novelties. At this time there will be multiple meetings in business chambers.
In any case, local manufacturers continue to concern the opening process and warn that they do not have the same tax, labor, exchange and infrastructure conditions as the industrialists of other countries, especially Asians. The government ensures that this process will help lower prices, but industrialists believe that importers will stay with a larger sliced and there will be no benefits for the consumer
The tariffs and the “inclined court”
These points are those that lead to the directors of the Argentine Industrial Union to point out that “the court is inclined.” In the manufacturing entity they say they have no problem competing, but that they want to do it on equal terms. This approach was one of the central points of the conversation they had with Luis Caputo weeks ago.
According to the field, one of the concerns of the businessmen was to know if the government had planned to move forward with a new generalized decline of the tariffs. One of the managers who participated in the meeting told this media that Caputo ruled out in the short term a comprehensive reduction like the one that occurred during 2024.
Instead, The economic team has among its goals lower import costs by way of deregulation and removal of obstacles. “To the industries, the costs continue to climb, the rates, the tolls, the prepaid of the workers, everything,” an industrialist differentiated.
More deregulation and “deep chainsaw”
Javier Milei promised by 2025 to implement the “deep chainsaw.” The second stage of your plan will include a new Low of public spending, the privatization of state companies and the “elimination of 90% of taxes”. The president also spoke of tax, pension and labor reforms.
All this agenda has deregulation as axis. Federico Sturzenegger conducts hundreds of initiatives to modify current regulations in different sectors of the economy. The minister who is in the center of the controversy of discussions between entrepreneurs, even opened a platform to “report the bureaucracy.”
As he could know, One of those in a folder and close to formalizing is the deregulation of the importation of used capital goods. A regulation that comes from the 90s, whose disappearance could put in serious difficulties the manufacturers of agricultural machinery, medical equipment and the naval industry, among others.
Source: Ambito
