Local products are getting killed by imports - Tomatoes one example

[MikeYoung]

I am not sure how local products will make it when imported products are so much cheaper.

La industria tomatera en alerta | Empresarios piden medidas de control sobre las importaciones

Las cámaras patronales advierten que la producción nacional está en peligro a causa de la suba del costo de los insumos y la avalancha de importaciones.

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[Spend Thrift]

Local producers and companies will get killed with the overinflated peso. These local companies have been protected and didn't really have to compete with all the crazy import taxes and tariffs. I heard they also had quotas and prohibited some products from entering.

Milei wanted to try to force prices down by forcing locals to compete with imported products and getting rid of import taxes. I don't think the local companies can compete. They are spoiled and lazy and not used to competing. Peso is also too strong.

Can't have your cake and eat it too. Either have to devalue the currency while opening up the competition with imports or currency appreciation with protections in place for local companies. Doubt you can have both.

Looking at some of the prices of Amazon or ML at imported products local companies can't compete.

 

[oil rush]

Local producers and companies will get killed with the overinflated peso. These local companies have been protected and didn't really have to compete with all the crazy import taxes and tariffs. I heard they also had quotas and prohibited some products from entering.

Milei wanted to try to force prices down by forcing locals to compete with imported products and getting rid of import taxes. I don't think the local companies can compete. They are spoiled and lazy and not used to competing. Peso is also too strong.

Can't have your cake and eat it too. Either have to devalue the currency while opening up the competition with imports or currency appreciation with protections in place for local companies. Doubt you can have both.

Looking at some of the prices of Amazon or ML at imported products local companies can't compete.

Local companies won't be able to compete. They will get buried by cheap imports. But maybe Milei will figure out that you can't have it both ways. Local industries are going to all get killed if so.

 

[Bingo]

Why why are tomatoes so expensive in the stores? Presumably it takes the about the same amount to grow a tomato in Brazil or Colombia. Why are they so much more expensive here?

 

[Jenn]

Why why are tomatoes so expensive in the stores? Presumably it takes the about the same amount to grow a tomato in Brazil or Colombia. Why are they so much more expensive here?

I haven't even been to Argentina before but doesn't take a trip to Argentina to know that growing tomatoes in a country with tons of fertile land shouldn't cost much at all or be priced high. Seems like everything is overpriced there.

 

[Ron]

It's definitely a complex issue. On one hand, cheaper imports can help control prices for consumers, but on the other, they are hurting local producers who can't compete. The case of tomatoes is a clear example, and in the long run, it could be negative if local production collapses. Finding a balance is key.