2024-10-30 18:20:00
election USA They are a decisive factor for Argentina’s economy, especially if Donald Trump wins, which will not only have a significant impact on the agreement with the IMF, but Argentina can also benefit in the following areas: Agricultural Products Export Company. On this topic, this media interviewed agricultural engineers, Paulina Lescano.
“In rural areas, what’s happening is that international markets think Trump has a better chance of winning, The market responded with lower soybean prices” commented Paulina Lescano. “Given what happened during his presidency, A trade war with China has had the effect of a sharp drop in soybean pricesthat’s what the market is taking,” he added.
Soybean reference value may drop
Later, Lescano said: “Soybeans are the main export product and the reference value of our exports. from what happened in chicago”. Then, he said, “The decline of Chicago values will make our reference value, in addition to the increased demand in our country, lower”.
How the possibility of U.S. involvement in a trade war could benefit Argentina
“If the United States engages in various trade wars with other countries, All these countries can start coming to Argentina to supply themselves The interviewee later added: “If we knew how to exploit it, if there was a trade war and the United States was no longer a supplier, we would probably have an advantage.” We must be prepared to capture these markets”.
On the other hand, agriculturists point out: “Argentina’s diplomatic actions have more impact than overall market conditionsit is almost impossible for us to fight a war with our major trading partner. Likewise, he stressed that “Argentine diplomacy is crucial, if the United States leaves a gap in these trade wars, Whether we can take advantage of this will depend on our diplomacy.”.
Regarding the ending, Lescano emphasized, “Some things never change, but we saw what happened during Trump’s last presidency, and that is, He did go against his major business partner While we still don’t know what he’s going to do, he’s already made comments that he’s going to defend what’s local.
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**Interview with Agricultural Engineer Paulina Lescano on U.S. Elections and Argentina’s Economy**
**Editor:** Good evening, Paulina. Thank you for joining us today. With just a week left until the U.S. elections, many are speculating about the possible outcomes. From your perspective as an agricultural engineer, how do you see a potential Donald Trump win affecting Argentina’s economy?
**Paulina Lescano:** Thank you for having me. A Trump victory could have profound implications, particularly for our agricultural sector. Given the history of his presidency, markets are reacting negatively to the prospect of his return, especially when it comes to soybean prices.
**Editor:** Interesting. Can you elaborate on how the market is currently responding?
**Paulina Lescano:** Certainly. In rural areas, there’s a prevailing sentiment that Trump’s chances of winning could lead to a trade war similar to what we saw previously with China. The market has already responded with lower soybean prices, as investors recall the sharp declines we experienced during those years.
**Editor:** So, are you saying that traders are already anticipating a negative scenario if Trump wins?
**Paulina Lescano:** Exactly. The market’s perception is that Trump’s policies may spur another trade conflict, which would adversely affect our exports. Given that soybeans are a major part of our agricultural exports, this creates uncertainty for farmers and stakeholders in the sector.
**Editor:** And beyond soybeans, are there other areas where Argentina might face challenges or even some potential benefits?
**Paulina Lescano:** Well, while the outlook for soybeans seems grim, the overall shift in negotiations with the IMF and potential changes in trade agreements could provide openings for other agricultural products. However, much depends on the broader economic relationship that would be established under a new administration.
**Editor:** Thank you for your insights, Paulina. It’s clear that the U.S. elections will have far-reaching implications for Argentina’s economy, particularly in agriculture.
**Paulina Lescano:** Yes, thank you for having me. It’s an important time for us to watch how international politics can influence local economies.
**Editor:** We appreciate your expertise. That wraps up our interview. Thank you, Paulina.
