Market uncertainty due to retaliation for US tariff increases

Published 2025년 4월 6일

Tridge summary

The Trump administration has imposed a 10% tariff on Argentine exports to the US, affecting products such as gold, aluminum, beef, wine, olive oil, honey, and more. This is the lowest tariff rate for US allies and is part of a larger strategy that includes higher tariffs on China (34%) and the European Union (20%). The impact of these tariffs on the agricultural market is uncertain, especially in the case of soybeans, as buyers in Argentina and China are expressing concerns and the market is reacting with falls in price. The situation remains fluid as the response from China and the European Union is yet to be seen.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Finally, the Trump administration imposed 10% tariffs on Argentina, on all products our country exports to the United States. This tariff level is at the lowest level and applies to countries considered allies of the American government, such as the United Kingdom, Australia, Uruguay, Brazil, Chile, and Colombia. Our main exports are gold, aluminum, beef, wine, olive oil, honey, lemons, grape must, cane sugar, soybean oil, soybeans, and lithium carbonate. Biodiesel could eventually be exported. This 10% tariff has the same effect as an export restriction and excludes many of our exportable products from the market. The highest tariffs were imposed on China (34%) and the European Union (20%). It remains to be seen what the response or retaliation these two powers will apply. Regarding agricultural commodities such as wheat, soybeans, corn, soybean oil, and soybean meal, the United States is not an importer; in fact, it is the main exporter of these products. We will now have to ...

Source: Agromeat