Tariff dispute unsettles Argentina - Farmers fighting a grain tax find allies among the middle class, and the government turns to the poor for support. Political stability and economic growth are at risk.

Posted on: June 23rd, 2008
Filed Under: [ Business ] [ Non-US News ] [ Blogante Business ]
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“An atmosphere of crisis and tumbling confidence has enveloped Argentina after five years of political stability and robust economic growth.

President Cristina Fernandez de Kirchner is facing a rancorous farm revolt in one of the world’s major grain- and beef-producing nations. Growers on Saturday ended their fourth strike this year, but the battle rages on more than 100 days after it erupted when the government imposed new tariffs on farmers selling grain abroad.”*

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