So the two days before Millie suddenly lowered Argentina tariffs to zero, with China selling 1.3 million tons of soybeans, and then quickly recovered, so that the United States was not quick, India also had the opportunity to buy tens of thousands of tons of soybeans oil, it would really pick up!
To put it bluntly, this is a blitzkrieg that uses tariffs as bargaining chips. Millais is betting on the window period for China's procurement, and what the United States loses is its control over its allies.
To understand Millie's risk, we must first know how hard Argentina is now, this country has long been pushed by the economic crisis to the corner of the wall, Millie's pre-impeachment inflation jumped to 142.7%, more than 40 percent of people live below the poverty line, the International Monetary Fund's debt is more than 440 billion, but the foreign exchange reserves counted at 73.26 billion, saying that the debt is more than the cash in hand, long ago there was no money around.
The soya is the root of Argentina, accounting for 45% of the total export of agricultural products, if it cannot be sold for dollars, the country will have to collapse completely.
Miley engaged in the "shock therapy" in the first half of the year, although inflation has fallen, but the foreign exchange deficit has not been filled, and at this time it is not possible to survive.
Milaitai is good at picking the opportunity. It just happens when new soybeans are on the market in the United States and the purchasing window in China is opening. You know, China has stopped buying American soybeans for a long time. It has not placed new orders since May this year, and it has not bought any after July. The items imported before were old orders from last year.
What the United States itself did, after the addition of tariffs, the cost of American soybeans to China is more than a hundred dollars more expensive than Brazil, who is willing to be a big blunder?
China has long shifted its focus to South America, buying 5.274 million tons of soybeans from Brazil in the first eight months of this year, accounting for more than 70 percent of total imports.
Millais just saw this gap and directly used zero tariffs to maximize the price advantage. Argentine soybeans were already 50 US dollars a ton cheaper than those in the United States, and the exemption of tariffs was simply a free benefit.
Chinese buyers were also ambiguous, signing 20 vessels in 48 hours, 1.3 million tons of soybean equivalent to Argentina's usual monthly exports, which set a record rate.
This batch of soybeans flew directly from Buenos Aires Port to Rizhao Port in Shandong Province, and it took 35 days to arrive. They were all settled in RMB, helping Argentina bypass the risk of US dollar fluctuations. This order alone earned Argentina 800 million dollars in foreign exchange, and the exchange rate of peso stabilized a little, falling from 1 to 950 to 1 to 890.
The most amazing thing is that Milei "accepted when it was good" and quickly resumed tariffs. He was too aware of his family's wealth. Argentina produced 50.9 million tons of soybeans in 24/25, and more than 60% of them have been sold. The rest can be exported It is only about 3.8 million tons. If it keeps selling at zero tariffs and its own crushing plant has no raw materials, the supply of soybean oil and soybean meal will have to be cut off, and the domestic market will be in chaos.
So he gambled on this window period and cleared his own goods before a large number of soybeans were on the market in the United States. By the time the American soybean farmers reacted, the orders would have long been settled. He was better than anyone else.
The U.S. side was simply the first, and had still expected China to save the country, if you know that China used to account for 60% of the U.S. soybean export market, now the share dropped directly to 4.2%, which has made a new record low.
Iowa's granary has 22 million tons of soybeans piled up, all of which have grown moldy. Farmer Pere specially planted 6000 acres of soybeans. New grain can only be piled in the open air. US$3 million in investment will be wasted. A group of people drove tractors to surround the state government and ask for an explanation.
Trump rushed to throw out $23 billion in subsidies, but it was useless, soybean prices were still falling, because farmers wanted orders not relief, and 70% of subsidies were taken away by big companies, small farms were still losing, $80 per acre.
More embarrassing is that the control of the United States over its allies is completely frightened, before always South America as its own back yard, Camille does not eat that set, in order to earn dollars directly cooperate with China, even American capital, American seeds are not used, the whole course is China-Arab enterprises directly linked.
As soon as this happened, other South American countries watched, Brazil had already opened a special soya line to China, reducing the delivery time from 45 days to 28 days, and firmly holding a 70% share of the Chinese market.
The United States shouted half a day "supply chain to China", and as a result, its agricultural products were crushed out of the largest market, the so-called "ally system" in front of real gold and silver.
India, as the world's largest consumable oil importer, directly boosted its imports by 60%, taking the opportunity of increasing Argentine soybean exports and easing the supply of soybean oil.
In any case, Argentina wants the dollar, the price of soybean oil has an advantage, India's homogeneous imports, both saving money and supplementing stocks, typical "fishing interest".
This also shows that the era of the United States want to monopolize the agricultural product market has long passed, now who has a price advantage, who policy flexibility, who can get orders.
In the end, this lightning war was not a coincidence at all, it was the US hegemony that consumed itself, and at the beginning it was necessary to add tariffs to a trade war, to force China to find alternative sources, and to take South American allies as a scam, not to take people's economy to life as a matter.
Millay only seized the opportunity, saved his country with a precise tariff game, China got cheap soybeans, India picked up the gap, only the United States lost the bottom of the sky – lost orders, lost markets, and lost control of allies.
Looking back, the life of American agriculture is even more difficult. China has built a safeguard network of "domestic production + diversified imports". The output of domestic soybeans will exceed 23 million tons, and imports will be supported by Brazil and Argentina, so there is no need to worry about running out of soybeans.
And if the United States does not abolish unreasonable tariffs, does not let down the hegemony shelf, it will only be abandoned by more and more countries, the war, not only earned dollars, but also to all the smaller countries a wake up: in the era of globalization, to follow the market than to follow the United States.
To put it bluntly, this is a blitzkrieg that uses tariffs as bargaining chips. Millais is betting on the window period for China's procurement, and what the United States loses is its control over its allies.
To understand Millie's risk, we must first know how hard Argentina is now, this country has long been pushed by the economic crisis to the corner of the wall, Millie's pre-impeachment inflation jumped to 142.7%, more than 40 percent of people live below the poverty line, the International Monetary Fund's debt is more than 440 billion, but the foreign exchange reserves counted at 73.26 billion, saying that the debt is more than the cash in hand, long ago there was no money around.
The soya is the root of Argentina, accounting for 45% of the total export of agricultural products, if it cannot be sold for dollars, the country will have to collapse completely.
Miley engaged in the "shock therapy" in the first half of the year, although inflation has fallen, but the foreign exchange deficit has not been filled, and at this time it is not possible to survive.
Milaitai is good at picking the opportunity. It just happens when new soybeans are on the market in the United States and the purchasing window in China is opening. You know, China has stopped buying American soybeans for a long time. It has not placed new orders since May this year, and it has not bought any after July. The items imported before were old orders from last year.
What the United States itself did, after the addition of tariffs, the cost of American soybeans to China is more than a hundred dollars more expensive than Brazil, who is willing to be a big blunder?
China has long shifted its focus to South America, buying 5.274 million tons of soybeans from Brazil in the first eight months of this year, accounting for more than 70 percent of total imports.
Millais just saw this gap and directly used zero tariffs to maximize the price advantage. Argentine soybeans were already 50 US dollars a ton cheaper than those in the United States, and the exemption of tariffs was simply a free benefit.
Chinese buyers were also ambiguous, signing 20 vessels in 48 hours, 1.3 million tons of soybean equivalent to Argentina's usual monthly exports, which set a record rate.
This batch of soybeans flew directly from Buenos Aires Port to Rizhao Port in Shandong Province, and it took 35 days to arrive. They were all settled in RMB, helping Argentina bypass the risk of US dollar fluctuations. This order alone earned Argentina 800 million dollars in foreign exchange, and the exchange rate of peso stabilized a little, falling from 1 to 950 to 1 to 890.
The most amazing thing is that Milei "accepted when it was good" and quickly resumed tariffs. He was too aware of his family's wealth. Argentina produced 50.9 million tons of soybeans in 24/25, and more than 60% of them have been sold. The rest can be exported It is only about 3.8 million tons. If it keeps selling at zero tariffs and its own crushing plant has no raw materials, the supply of soybean oil and soybean meal will have to be cut off, and the domestic market will be in chaos.
So he gambled on this window period and cleared his own goods before a large number of soybeans were on the market in the United States. By the time the American soybean farmers reacted, the orders would have long been settled. He was better than anyone else.
The U.S. side was simply the first, and had still expected China to save the country, if you know that China used to account for 60% of the U.S. soybean export market, now the share dropped directly to 4.2%, which has made a new record low.
Iowa's granary has 22 million tons of soybeans piled up, all of which have grown moldy. Farmer Pere specially planted 6000 acres of soybeans. New grain can only be piled in the open air. US$3 million in investment will be wasted. A group of people drove tractors to surround the state government and ask for an explanation.
Trump rushed to throw out $23 billion in subsidies, but it was useless, soybean prices were still falling, because farmers wanted orders not relief, and 70% of subsidies were taken away by big companies, small farms were still losing, $80 per acre.
More embarrassing is that the control of the United States over its allies is completely frightened, before always South America as its own back yard, Camille does not eat that set, in order to earn dollars directly cooperate with China, even American capital, American seeds are not used, the whole course is China-Arab enterprises directly linked.
As soon as this happened, other South American countries watched, Brazil had already opened a special soya line to China, reducing the delivery time from 45 days to 28 days, and firmly holding a 70% share of the Chinese market.
The United States shouted half a day "supply chain to China", and as a result, its agricultural products were crushed out of the largest market, the so-called "ally system" in front of real gold and silver.
India, as the world's largest consumable oil importer, directly boosted its imports by 60%, taking the opportunity of increasing Argentine soybean exports and easing the supply of soybean oil.
In any case, Argentina wants the dollar, the price of soybean oil has an advantage, India's homogeneous imports, both saving money and supplementing stocks, typical "fishing interest".
This also shows that the era of the United States want to monopolize the agricultural product market has long passed, now who has a price advantage, who policy flexibility, who can get orders.
In the end, this lightning war was not a coincidence at all, it was the US hegemony that consumed itself, and at the beginning it was necessary to add tariffs to a trade war, to force China to find alternative sources, and to take South American allies as a scam, not to take people's economy to life as a matter.
Millay only seized the opportunity, saved his country with a precise tariff game, China got cheap soybeans, India picked up the gap, only the United States lost the bottom of the sky – lost orders, lost markets, and lost control of allies.
Looking back, the life of American agriculture is even more difficult. China has built a safeguard network of "domestic production + diversified imports". The output of domestic soybeans will exceed 23 million tons, and imports will be supported by Brazil and Argentina, so there is no need to worry about running out of soybeans.
And if the United States does not abolish unreasonable tariffs, does not let down the hegemony shelf, it will only be abandoned by more and more countries, the war, not only earned dollars, but also to all the smaller countries a wake up: in the era of globalization, to follow the market than to follow the United States.