In April, the US president increased tariffs for all countries in the world. Then he suspended the measure for 90 days, to open negotiation channels.
While Milei seeks to open the Argentine economy, Trump’s tariffs go in the opposite direction.
The Interdisciplinary Institute of Political Economics (Iiep)belonging to the University of Buenos Aires (UBA)he estimated that Argentina could obtain a gain of US $ 457 million if you negotiate with the US government a Tariff reduction.
In April, the American president Donald Trump shook the world with a widespread leap of import tariffs for all countries of the world, in response to what he considers unfair commercial practices. The magnitude of the surcharges was established according to the bilateral commercial result of the last year, while To countries with a favorable balance for the US, such as Argentina, a minimum of 10%was applied.
How can Trump tariffs affect Argentine exports?
The IIEP report said more than a third From Argentine exports to the north they are affected Due to the decision, since there will be no impact on the sectors that are already excepted, or on commodities exports, which are marketed in well -established international markets, with global prices and a high replacement capacity between countries.
The impact would be concentrated on those products that require more specific commercial links, such as long -term agreements, technical certifications or brand positioning. “It is in this group where United States measures could have a clearer effect on Argentine exports,” they said from UBA.
In the absence of negotiations between governments, ARGENTINA WOULD LOSE U $ S193 million according to the calculations of the institute. However, If the country manages to be excluded from the payment of this tax, sales could be increased by US $ 265 million; Therefore, the difference between the two scenarios represents a potential gain of US $ 457 million.
The application of this additional surcharge was suspended for 90 days, and on July 9 it will be defined whether the measure is fully implemented or if it arises again. “In this context, new instances of negotiation are opened, and Argentina appears as one of the countries with the greatest chances of achieving a favorable agreement“They said from UBA.
Source: Ambito
