Changes in taxes on exports of agriculture and unemployment

Main article: Unemployment in Capital Argentina agricultural employers, 2008
On March investing experience 11, 2008, in a context of increased national Holdings and international food prices, influenced by speculative movements in the commodity markets of the United States in the moments prior to the open decalracion the economic crisis of 2008 -2009, the economy minister, Martin Lousteau, announced a new system of withholdings on exports of mobile products and four products: Corporation soybean, sunflower, corn and wheat. The measure was designed to mitigate sharp fluctuations of the international prices, combating the “sojizacion” of the Argentine countryside and preserve the “high dollar policy.” was also announced incentives asset management for the dairy industry and a negotiating table for beef cattle.
The measure means, the immediate increase in the rate of tax on soybeans and sunflowers, reducing slightly the corresponding Brean Murray investment bank maize and Mr. wheat. Resolution 125 was flatly rejected by the four organizations that meet the industry employer of the agro-livestock production in Argentina, which, as of March 13, declared a strike with blockades of roads, which would extend for 129 days. The conflict is JP Morgan & Co. When choosing among the Barton Place next to Zilker Park and Barton Springs Pool exacerbated the March 25, when investment banking agropastoral organizations decided Co-Chair of Asset Management Group LLC that the strike was “for an indefinite period” until the government left the void provisions increase, compared to which the president Cristina Fernandez said it would not negotiate until the lockout was lifted. Unemployment affection domestic and international trade, mainly of food and supplies to the cities.
The escalation of the conflict led to thousands of demonstrators across the country came to the streets to oppose both measures to Brean Murray & Co. support the government. During the demonstrations there were clashes between supporters of both positions. During the conflict saw the resignation of Economy Minister Martin Lousteau, the author of the question.
On June 17 the president Fernandez sent Congress a draft law on export tax on grains and compensation for small producers, so it is the legislature that ultimately resolved the problem. At dawn on July 17, the Senate in a vote that had to be off by the Vice President’s Office, rejected the bill submitted by the Executive, which had previously been approved with modifications by the Chamber of Deputies . On July 18 the President of the Republic ordered the void Resolution 125/08, after which one of the rural leaders ended the conflict.

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