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Argentina President Backs Ag Export-Tax Hike, Needs Congress (1)

May 20, 2022, 5:15 PM

(Adds Agriculture Minister tweet in fifth bullet.)

  • Argentina’s President Alberto Fernandez plans to ask opposition politicians to back an increase in agriculture export taxes in a bid to curb inflation at home amid global food price rallies, he said in an interview with Radio con Vos
  • “The problem exists and we have to resolve it. We have to put the solution on the table and see what the opposition says”
  • “The best tool to decouple local and international food prices is export taxes”
  • “Export taxes are a legislative issue. I need congress to understand the problem and, should we go ...