New Trump administration tariffs mix currency dynamics into the trade war

Dec 2, 2019
The president said Monday he’ll bring back import taxes on steel and aluminum from Brazil and Argentina.
Trump paid no federal income taxes in 10 of the past 15 years, The New York Times reported Sunday.
Andrew Harrer/Pool/Getty Images

Oil prices and inflation hit emerging economies

Oct 1, 2018
Emerging economies have had a tough time in the global economy recently. We’re talking about countries like India, Turkey, South Africa and Argentina. They’re deeply engaged in the world economy, and, in some ways, very vulnerable to its ups and downs. Click the audio player above to hear the full story. 
An Indian security guard walks inside Amazon's largest Fulfillment Centre (FC) in India, on the outskirts of Hyderabad on September 7, 2017.
NOAH SEELAM/AFP/Getty Images

Road to recovery may be long for some emerging markets

Sep 5, 2018
The value of emerging market currencies keeps tumbling. Argentina’s peso has lost half its value against the dollar this year. Same with the lira in Turkey. Investors are souring on Brazil. India. South Africa. Mexico. Indonesia. Some of these countries have been through currency and financial crises before. And each case is different. But sometimes […]

Argentina – another emerging market economy feels the heat

by
Aug 30, 2018
What kind of shape is South America's second-largest economy in?
Currency exchange values are displayed in the buy-sell board of a bureau de exchange in Buenos Aires, on August 29, 2018. - Argentina's President Mauricio Macri said Wednesday that the International Monetary Fund has agreed to accelerate funding in support of his government's austerity program. The development came amid heightened volatility in the South American country's financial and currency markets, which have been battered by uncertainty over inflation, an economic downturn and budget deficits.
EITAN ABRAMOVICH/AFP/Getty Images

Mnuchin urges trading partners to drop “non-tariff barriers”

Jul 23, 2018
U.S. Treasury Secretary Steven Mnuchin says the U.S. is ready to negotiate with China, the EU, and Japan on trade. But at the conclusion of a G-20 finance leaders meeting in Argentina this weekend, Mnuchin said our trading partners would have to remove tariffs on U.S. goods — and get rid of “non-tariff barriers” on U.S. […]
Chip Somodevilla/Getty Images

Lifting Argentine lemon ban will cost U.S. growers

May 26, 2017
'We get nailed,' a California citrus trade group says.
Justin Sullivan/Getty Images

You’ve got questions. We help you answer them.

Support nonprofit, independent journalism that makes you smarter.

Argentina defaults

Aug 1, 2014
Talks broke down between Argentina and some of its bondholders, triggering default. Tim Fernholz, reporter for Quartz, explains.

What happens if Argentina defaults?

by
Jul 29, 2014
It’s looking increasingly likely that Argentina will default on some of its bonds.