(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Argentina, the world’s biggest seller of processed soybean meal and oil, raised export taxes on Saturday as the government seeks to fund spending under new President Alberto Fernandez.After the peso’s 37% slump this year, his administration is replacing a levy of 4 pesos per dollar for many exports with a fixed charge of 9%, according to a decree in the official gazette.But the document didn’t specify soybeans in a list of products, leading Eugenio Irazuegui, head of research at grains …read more
Source:: Yahoo Finance
