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A Global Factor Increases Import Prices and the Effect Will Reach Gondolas

Summary by El Cronista
Donald Trump’s backs and forths in trade policy, particularly because of the tension with China, is beginning to be strongly reflected in local trade from an increase in the sea freight rate that, in Argentina, jumped from US$ 1500 to US$ 4500 in May, and continues to rise. Since May 14, and for 90 days, the tariff reductions agreed upon by China (125% to 10%) and the US (145% to 30%) and the main shipping companies are concentrated in this unpr…
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Donald Trump’s backs and forths in trade policy, particularly because of the tension with China, is beginning to be strongly reflected in local trade from an increase in the sea freight rate that, in Argentina, jumped from US$ 1500 to US$ 4500 in May, and continues to rise. Since May 14, and for 90 days, the tariff reductions agreed upon by China (125% to 10%) and the US (145% to 30%) and the main shipping companies are concentrated in this unpr…

·Argentina
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El Cronista broke the news in Argentina on Wednesday, June 4, 2025.
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