The U.S. Trade Representative has received generally supportive comments on its move to restore tariff-cutting Generalized System of Preferences status to Argentina. This was suspended in May 2012, though Argentine exports to the U.S. have only fallen 4% since then vs. 34% for its global exports, Panjiva data shows. Its trade with other countries has been worse. Exports to Brazil fell 51% on lower plastics activity, while shipments to Chile slumped 49% on reduced agricultural exports. U.S.-bound exports have already started to increase with a 15% rise in the past 12 months and on smaller...
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