MercoPress. South Atlantic News Agency
Brazil warns it is ready to respond to Argentina’s new trade restrictions
Brazil's government is ready to respond to Argentine trade restrictions introduced this week but will evaluate the impact of the measures before making any retaliatory moves, trade officials said Friday. Read full article
Comments
Disclaimer & comment rulesWith Brasils.exports to Argentina growing over 20% and with a huge surplus they wont do anything
Jan 14th, 2012 - 08:10 am - Link - Report abuse 0Newton's Third Law: “For every action there is an equal and opposite reaction.”
Jan 14th, 2012 - 09:15 am - Link - Report abuse 0Most economists realize that this law of science also applies to restrictive trade practices. If Argentina thinks that they can control trade with this non-tariff trade barrier...think again....however...it will add another zillion public sector paper pushers to the already overburdened, taxpayer funded, unionized payroll.
Clearly argentina failed to consider the impact their new trade restrictions would have on their so called brothers in south america, and going by the above its clear brazil is not happy with argentina, and i bet none of the rest of sourt american countries that export to argentina are either.
Jan 14th, 2012 - 10:14 am - Link - Report abuse 0Argentina ,about to be put in it's place once again..
Jan 14th, 2012 - 10:30 am - Link - Report abuse 0@3 You are right that they do not think through the implications of actions born out of 'firefighting'. Everything is short-term delaying of the next disaster.
Jan 14th, 2012 - 12:12 pm - Link - Report abuse 0You will never get a united S/A if you cant even agree on the basic;s .
Jan 14th, 2012 - 12:35 pm - Link - Report abuse 0Argentina is going to a Peronista state.......with hughe restrictions to import/exports business to strengh the internal economy as was on the fifthies.....and they awoke over 50 years related on technology when the Peronista dream ended.....Well, is their option so good luck, neighbors....see you down soon......
Jan 14th, 2012 - 12:41 pm - Link - Report abuse 0One should wonder why a smart, educated, friendly people can fall in that kind of fake promises from leaders well known as corrupts and unable with fascist behaviour......but ist's difficult to understand the reason which lead them to their present status.....when this big and rich country should be standing on the developed countries level......
Brazil restricted car imports last year when they were having delays with Argentinian customs. They will do it again, Argentina can't bully Brazil it's like Canada trying to bully the USA but they know better.
Jan 14th, 2012 - 01:51 pm - Link - Report abuse 0For some reasons Argentinians don't account for reactions, they think they live in a bubble and can do what ever they want with impunity. After getting slapped down for the last 70 years you would think they would learn. Even a dumb dog learns after a few beatings.
This trade restriction is going to end very badly, O'G care to post your 8years of yoy 20 % trade increase? BTW you won't be able to find a reliable link for that so don't bother. Unless you are measuring in AR$ and taking into account the peso depreciation.
The only way the “K model” works has been having a positive trade balance, they know it is going away this quarter. This is why they are freaking out. Their reserves are depleted daily trying to support the peso if they have to use the reserves to pay for a huge trade imbalance they will be broke by June. There was no magic in what they did but Soy is down 11% yoy plus they will have a much smaller crop this year and car exports have dried up to Brazil. Time to pay the piper but unfortunately they don't have the $.
long live the Mercosur free trade !!!
Jan 15th, 2012 - 03:32 am - Link - Report abuse 0It all seems a little desperate and disingenuous to impose these measures on a friend and neighbour. Hopefully Brazil will use its considerable power to pressure the Argentine government to rethink this rather than be forced to retaliate.
Jan 15th, 2012 - 02:14 pm - Link - Report abuse 0I agree with all of the above - it is sad to see a country with so much going for it behave in this way.
A Brazilian friend once lamented to me that Brazil is a country of the future and always will be. Well gladly that is being proven wrong but maybe this applies to Argentina now?
Bully Boy Brazil starting to throw its weight around?
Jan 15th, 2012 - 02:33 pm - Link - Report abuse 0@10 It has been said about Argentina for some time. I have also heard it said about South America in general. I think Brazil and Chile are bucking the trend and actually making progress; I see a good future for both.
Jan 15th, 2012 - 03:17 pm - Link - Report abuse 0@12 I agree and hope they prosper.
Jan 15th, 2012 - 05:01 pm - Link - Report abuse 0@11 Argentina seems to be throwing its diminished weight around. Brazil would be within its rights to retaliate. They love the concept of reciprocity in visas and the like, so I suppose bring it on.
Must be time again to whip up some populist hysteria about the Falklansds to draw attention away for real issues affecting real Argentinians doing it tough...
despite the argie bloggers , trying to brainwash us,
Jan 15th, 2012 - 08:01 pm - Link - Report abuse 0the fact is, argentina is sinking,
still, one womans deluded obsesion, is another womans good fortune .
I think Jim Rogers is right, No one wins a trade war.
Jan 15th, 2012 - 10:28 pm - Link - Report abuse 0And this applies to equal partners, among the big boys, ie; USA and China, for example.
So no one in their right mind would ever think of a small, unimportant country (in every way) would ever start a trade war with anyone, let alone a superpower like China, or the USA.
But, incredibly, such a small, unimportant country has.
Who?
You guessed it - Argentina.
They started one with China and made an ass of themselves.
So now they are on the verge of doing it with Brazil.
The problem with a trade war is that, when you start one you have to expect that the other side will do something to save face. Of course.
My guess in this case is that if Argentina doesn't stop now Brazil will respond by withdrawing their support of Argentina concerning the Falkland Islands.
Who knows? Stranger things have happened in international relations, even among “friendly” nations.
And guess who will get the blame [Again ]
Jan 15th, 2012 - 10:31 pm - Link - Report abuse 0Briton you want to discuss femail leaders.Lets talk about Elizabeth Windsor and the artificial insemination used to create the.next royal line
Jan 15th, 2012 - 10:41 pm - Link - Report abuse 0tut tut,
Jan 16th, 2012 - 01:58 am - Link - Report abuse 0lets discuss the argies losing the falklands war,
more interesting,
can be proved
and less interesting,
but by all means go ahead and talk to your self,
im sure your fellows will enjoy it .
we have laws like that in Canada why is this such a big issdue in Latin America ???? whom ever makes a big issue of this things must be a retard who never gone out of a banana country.
Jan 16th, 2012 - 12:47 pm - Link - Report abuse 0thats not a nice thing to say, about argentina, is it .
Jan 16th, 2012 - 03:29 pm - Link - Report abuse 0Commenting for this story is now closed.
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