08.10.202523:26:49UTC+00Argentina Suspends Export Taxes on Aluminum and Steel Until Year-End

Argentina has decided to temporarily eliminate export taxes on aluminum, steel, and related products until the end of 2025, as per a resolution published in the official gazette. This policy, effective from Wednesday, September 9, applies to exports bound for countries that currently enforce import tariffs of no less than 45% on these goods. The decree will remain in effect until December 31, 2025, or until those countries reduce their tariffs below the 45% threshold, depending on which comes first. The government has stated that this initiative intends to "enhance export capacity and bolster the competitiveness of a significant sector of the nation's economy," underscoring efforts to promote greater trade openness. This decision follows a similar, brief measure implemented in September when Argentina temporarily lifted export taxes on soy, corn, wheat, and their derivatives, including biodiesel, in a bid to increase exports and support the peso, though the policy was rescinded in under a week.