President Milei renews his vow to scrap export taxes as Argentina's powerful farmers get impatient

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President Milei renews his vow to scrap export taxes as Argentina's powerful farmers get impatient
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Argentine President Javier Milei has told his country's struggling farmers that he was committed to scraping export taxes and rescuing the key agricultural industry.

Argentine President Javier Milei waves to supporters during the official opening ceremony for the Rural Society’s annual exposition in Buenos Aires, Argentina , Sunday, July 28, 2024. Argentina President Javier Milei, center, is greeted by Rural Society President Nicolas Pino as Milei’s Vice President Victoria Villarruel stands at right during the ceremony for the Rural Society’s annual exposition in Buenos Aires, Argentina , Sunday, July 28, 2024.

The crowds whooped and cheered. As the farmers tell it, that model of budget-busting populism confiscated their wealth for redistribution among the unproductive masses and devastated the lush grain belt that made Argentina among the world’s richest economies a century ago.

“There are sufficient reasons to complain, but we prefer at this time to appeal to the patience of the men and women of the countryside,” Pino said. “We believe it’s useful to give the government some space for trust.

“We need clarification about some of these recent economic measures,” said Elbio Laucirica, the head of another agribusiness group.

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