Trump policies are ‘scarily’ like Perón’s, says Larry Summers

Former US Treasury secretary Lawrence Summers cautioned that US President Donald Trump’s policies could lead the US down a trajectory akin to that of post-war Argentina, which transitioned from a relatively advanced developed nation to an economic underperformer. “Argentina went completely off track because of decisions made in a few years by an elected — … Read more

Trump Unveils 10% Tariff on Argentina in Latest Trade Move

United States President Donald Trump has confirmed that Argentina will maintain a 10% tariff as outlined in a new executive order issued on Thursday. The decree, which instituted alterations in the reciprocal tariff policy for select nations, did not alter the minimum rate that Argentina faced when the policy was implemented in April. The announcement … Read more

Trump Tariffs may create a plethora of troubles for Brazil

Trump’s tariffs on Brazil could mess up trade in everything from coffee to beef

The United States ranks as Brazil’s second-largest trading partner, following China. While the two nations engage in direct competition in certain markets such as corn and cotton, Brazil, recognized as an agricultural powerhouse, also cultivates tropical goods like coffee that are not viable for production in the continental United States. Brazil has been increasing its … Read more

The US is planning a new declaration of support for Argentina in the 2012 YPF expropriation trial.

The US government’s motives for strongly supporting Argentina in the YPF case

The Trump administration is formulating a statement supporting Argentina and opposing hedge funders’ purchase of 51% of YPF. Judge Loretta Preska in New York ordered the transfer of 51% of the flagship oil company’s shares (“turnover”) to hedge funds Burford Capital and Eton Park, which won the lawsuit for US$16.099 billion. Senior Trump administration officials … Read more

Trump administration supports Milei government.

Trump backing Argentina’s legal move to halt YPF share handover

In the context of the ongoing debate surrounding the prospective transfer of YPF shares as a settlement for a US$16-billion judgment linked to the expropriation of the oil company, the United States government has declared its intention to intervene in court to provide support for Argentina. The administration of US President Donald Trump is preparing … Read more

Globant SA

Globant benefits from Argentine deregulation in a tough year

Argentine deregulation presents potential advantages for Globant amid a challenging year. Globant, a software company, indicates that the deregulation of the local financial industry is encouraging firms to increase their investments in technology systems. Argentina is emerging as a notable opportunity amid a challenging landscape for software company Globant SA, as the deregulation of the local … Read more

Trump Tariff

Trump states he will increase steel and aluminum tariffs to 50%

US President Donald Trump announced on Friday his intention to increase steel and aluminium import tariffs to 50 percent, effective next week. This move represents a continuation of his trade wars, which are designed to safeguard domestic industries. “We’re going to bring it from 25 percent to 50 percent, the tariffs on steel into the United … Read more

Trump administration supports Milei government.

Trump’s priority list for tariff discussions includes Argentina

The initial trade discussions under the Trump administration feature a diverse array of significant exporters alongside smaller economies, as the White House aims to secure agreements that may act as templates for future negotiations. The team of US President Donald Trump has identified approximately 20 partners as the primary targets for initial negotiations, according to individuals … Read more

Javier Milei - Kristalina Georgieva

Argentina’s fresh IMF loan was approved despite concerns from top decision-makers

The IMF’s latest substantial loan to Argentina — a country with a history of defaults now under the leadership of a close ally of Donald Trump – has raised concerns among many of the Fund’s senior decision-makers. It received approval nonetheless. Argentina’s new loan with the International Monetary Fund was approved even though it raised … Read more

Javier Milei & Donald Trump

Milei secures additional flexibility through his association with Trump.

President Milei’s backing from the Trump administration highlights a significant juxtaposition against the increasing difficulties he faces domestically. The recent approval of Argentina’s new agreement with the International Monetary Fund (IMF) was overshadowed by the release of March’s consumer price index (CPI), which revealed an inflation rate of 3.7 percent. This marks the highest figure … Read more