After an agitated week in economic matters worldwide after the imposition of tariffs by Donald Trump -Well 10% for Argentina and other countries in the region-, the economist Enrique Szewach He pointed out that the measure “demonstrates the Irrevance that Latin America has“For the US government.
In turn, he analyzed that the changes announced by the US president “They alter the situation in Argentina“First, he argued that” what happens in the world affects the country because it is very vulnerable “and also mentioned the negotiation with the International Monetary Fund (IMF). On this point he warned that the treatments by the agreement” is more urgent because it will be difficult to renew the debt with a country risk of 900 points. ” “If Argentina cannot renew debt in the capital market needs the agreement with the fund much more,” he emphasized.
In addition, he pointed out that Trump “on these issues has no friends, has interests”, despite his good link with President Javier Milei. “You sit down with him to offer him things, with an offer letter,” he explained and said that Argentina “has few things” to offer.
On the other hand, he criticized the government of Alberto Fernández (2019-2023) and the management of the Central Bank reserves (BCRA): “We would have to worry since he assumed his government. He received a BCRA with US $ 10,000 million of positive reserves, and delivered it with US $ 11,000 million negative.”
“Argentina is operating with negative reservations in its BCRA for 5 years. First you have to make a exchange regime where you can buy reservations again, “he concluded.
Donald Trump’s tariffs entered into force
This Saturday, April 5, the New 10% global tariff on all products that are imported to the United States. The measure was promoted – and confirmed last Wednesday in the “Day of Liberation” – by US President Donald Trump. From the White House They justified the imposition of tariffs through the declaration of a “national emergency.”
In detail, with the encumbrances Trump’s management seeks to correct the “absence of reciprocity” in its commercial relations.
The customs rate announced by Trump adds to existing taxesbut some goods are exempt such as oil, gas, copper, gold, silver, platinum, paladium, construction wood, semiconductors, pharmaceutical products and minerals that are not found on American soil. On the other hand, imports of steel, aluminum and cars are already subject to 25% surcharges.
Source: Ambito
