Nicolás Cachanosky
In recent years, the debate over reindustrialization in the United States has centered on the promise of reviving domestic manufacturing through protectionist measures – most notably tariffs on imported goods. Proponents argue that such policies will bring jobs back by shielding American producers from foreign competition. This approach would also address the demands coming […]
The last few weeks have shown a classic of the Argentine economy: the need (or urgency) for an agreement with the IMF to avoid an exchange rate crisis and (in theory) eliminate exchange restrictions. There is talk of a $20 billion loan. Argentina continues to ask international markets for an expensive financial respirator. What […]
In 2018, during his first term in office, Donald Trump implemented the “America First” agenda, introducing new tariffs on various imports. These tariffs hit solar panels and washing machines with rates of 30-50 percent, while steel was taxed at 25 percent and aluminum at 10 percent. The tariffs extended beyond China, affecting imports from […]
The issue of peso appreciation in Argentina has been a growing concern since the beginning of the new government. The current monetary policy has chosen a monthly depreciation of 2% of the exchange rate in the face of inflation that has not yet converged to those levels. From the beginning, this spread has raised […]
On the campaign trail, now-President Javier Milei promised to replace Argentina’s peso with the US dollar. But, at least so far, he has failed to deliver on that promise. Instead, Milei has implemented a transition plan with the expectation of eventually establishing a more permanent monetary system, which might be something less than full-scale […]