The strange package of Brazilian sugar that appeared in a supermarket and put the entire Argentine sugar sector on alert

Published 2024년 9월 24일

Tridge summary

A report from a news article reveals the discovery of Brazilian sugar in a Buenos Aires supermarket, raising concerns about tariff protection for the Argentine sugar industry. This protection, in place due to Brazil's dominance as the world's largest sugar producer and exporter, aims to shield the Argentine industry from cheap imports. The find has sparked discussions about the new government's potential policies that could favor imports, despite the potential negative effects on local producers, such as oversupply and undermining tariff protection. The incident is part of a larger debate around food prices and the balance between free market principles and protecting local industries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This Monday, at the inauguration of the electricity cogeneration plant of the Tucumán sugar mill La Florida, one of the gossips of the guests linked to the sugar sector of Tucumán, including Governor Osvaldo Jaldo, was the surprising appearance of a few packages of sugar of Brazilian origin in one of the Coto supermarkets in the city of Buenos Aires. Why so much concern? For those who do not remember, sugar is one of the products historically excluded by Argentina from the Mercosur tariff agreement, because Brazil is the largest producer and exporter of this product in the world and by only dumping a small portion of its production in the country it would cause the collapse of the entire sugar industry in the NOA. That is why the zero tariff does not apply here and protective tariffs must be paid that are supposed to make imports prohibitive. Unless, of course, the new government of Javier Milei decides to throw overboard this tariff protection to favor imports and thus achieve ...

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