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Montevideo, March 28th 2024 - 20:14 UTC

Tag: Argentine Differential Export Taxes

  • Thursday, November 6th 2014 - 07:37 UTC

    US soybean crushers claim Argentine export taxes distort the market

    Argentina’s DET's system creates economic incentive for processing the beans in the country and exporting the value-added products rather than the raw beans

    The American Soybean Association, the National Oilseed Processors Association and the North American Export Grain Association sent comments last week to the U.S. Trade Representative identifying significant barriers to U.S. exports, particularly on the trade distorting impact of Argentine Differential Export Taxes, or DETs, and the artificial advantage provided to soybean products exported from that country.