Elon Musk (@elonmusk) recently reposted a post by Mario Nawfal (@MarioNawfal) regarding Argentina’s President Javier Milei’s plan to slash tariffs in order to help Argentina’s economy with the comment “Good move”.
Who wants to tell Elon and Trump?
Full text of Tweet:
MILEI IS SLASHING IMPORT TAXES
In a push to open Argentina’s economy, @JMilei is cutting import taxes to give consumers access to more affordable goods.
Starting in December, the tax-free limit on international purchases will rise from $1,000 to $3,000 per package, while personal imports will enjoy a $400 tariff exemption.
Economy Minister Luis Caputo says this move will allow Argentine shoppers to pay only the value-added tax on many imports.
Source: Devdiscourse