Background

Argentina to cut ministries by nearly half, introduces new exports taxes

“Macri said he will now ask more of exporters because they ‘have more capacity to contribute’ and have benefited from the peso’s devaluation. He acknowledged that the tax is ‘very bad,’ but said that it is necessary because there is an ‘emergency’ situation.”

[Global News]

EU Commission proposes settling beef dispute with United States

“The US has frequently complained it has gained few benefits from the deal, with the quota increasingly used by farmers from other countries, notably Uruguay, Argentina, and Australia. The Obama administration requested discussions on the issue in 2016 while preparing retaliatory measures against EU exports.”

[Financial Times]

EU decides not to extend trade defense measures on solar panels from China

“After having been in place for almost five years, the EU anti-dumping and anti-subsidy measures on solar panels from China will expire at midnight on Monday 3rd September.”

[European Commission]

Australia, Indonesia wrap up FTA talks

“Under the agreement, Australian farmers will be able to export 500,000 tonnes of feed grains such as wheat into Indonesia tariff free. Australian industrial producers of steel, copper and plastics also stand to benefit, along with service industries including health, mining, telecommunications, tourism and education. [The FTA] would also pave the way for Indonesian car makers to export to Australia, Lukita said, while Indonesia and Australia would enjoy a zero import tariff for many goods, which could significantly increase Indonesian exports.”

[Bloomberg]

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