MercoPress. South Atlantic News Agency
Brazil tightens requirements for car imports: Argentina and Asia targeted
Brazil is tightening requirements for imports of cars in a move that sparked complaints from Argentina, its biggest supplier of the product. Imports to Brazil will need a special license that can take as long as 60 days to be approved, the Trade Ministry said in an e-mailed statement. Read full article
Comments
Disclaimer & comment rulesA response to Argentina's protectionism ??
May 13th, 2011 - 02:29 pm - Link - Report abuse 0“DON'T DO UNTO OTHERS WHAT YOU DON'T WANT OTHERS DO UNTO YOU” This government hits first, but when the other side hits back, this government doesn't like it lol This government should know that Argentina and Brazil are partners not “brothers”, it's not like everything is accepted without consequences. If we want privileges then we must give privileges too, or take measures like protectionism, but don't go crying when other countries do the same. But this is a good chance to see how “El Modelo” works in real life.
May 13th, 2011 - 03:04 pm - Link - Report abuse 0Not so much fun when your're on the receiving end of trade restrictions is it Argies?
May 13th, 2011 - 05:43 pm - Link - Report abuse 0:-)
A response to Argentina's protectionism ??
May 13th, 2011 - 06:42 pm - Link - Report abuse 0It sure is. We're heading for a trade war...slowly.
With you bestest-buddies-ever UNASUR partners Fido?
May 14th, 2011 - 12:40 am - Link - Report abuse 0Surely not!
;-)))
“Argentine Ministry of Industry Debora Giorgi surprised by the same medicine”
May 14th, 2011 - 01:52 am - Link - Report abuse 0haha... more Mercocrap
Brazil has the same economic priority as Argentina, it's their prerogative to make changes as they see fit. So what?
Brazil has its largest surplus in trade with Argentina a trade war with Argentina will affect more Brazil than Argentina. We can buy the same from China and sell our cars to Mexico, Venezuela, Africa and other countries as we are doing at the moment. Nothing to be worry about
May 14th, 2011 - 02:17 am - Link - Report abuse 0The Brits like to raise the alarm level to “stupid high”.
May 14th, 2011 - 06:21 am - Link - Report abuse 0And this... “Argentine Industry Minister Debora Giorgi said in an e-mailed statement.” A statement to whom? I'm not saying she didn't make the statement but I would like to know to whom this email was directed.
true, Xbarilox.
May 14th, 2011 - 10:00 am - Link - Report abuse 0Viva el Mercosur...
“Christina, Christina, I love you, but we only have fourteen hours to save the Earth!”
May 14th, 2011 - 02:18 pm - Link - Report abuse 0Well, 60 days should be enough to bash a certain head against the wall until it sees sense.
Nicodin, Argentina is highly dependent on Brazil. A trade war with Brazil will affect Argentina more, since they also control more of your Economy.
May 14th, 2011 - 03:43 pm - Link - Report abuse 0http://en.mercopress.com/2011/04/12/argentina-poised-to-grow-6-in-2011-but-highly-exposed-to-brazil-dependency
This is just one article.
@Fido Dido
May 15th, 2011 - 08:45 am - Link - Report abuse 0I’ve never said that Argentina will not suffer from a trade war with Brazil of course would be a problem but for Brazil will be suicidal in financial and political terms as Argentina provides them the largest surplus than any other country. They know very well that and things like this had happened before when Argentina was running surplus against Brazil. So nothing to be worry about like in Europe all the time some guru predicts the end of the Euro and the disintegration of the block (no name here haha).
The problem of Brazil is capital inflow what makes its currency artificially overvalue hurting its exports (a Trojan Horse). I hope Brazil will be able to control that, because as easy they came they easy will go one day when the north will provide them better return and all the region will be really in a big mess. all involved in currency devaluations .
Of course is my humble opinion.
: )
trade surplus is one thing. What is more important, is the share of the total exports affected. In this way, if a “trade war brakes out”, Argentina is going to suffer way more.
May 15th, 2011 - 09:56 am - Link - Report abuse 0Argentina exported 68.5 billion in total in 2010
Brasil exported 202 billion in total in 2010
Out of the 68,5 billion exported by Argentina, almost 19% went to Brazil
Out of the 202 billion exported by Brazil, 9% went to Argentina
Where is the bigger impact then?
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