China, Argentina: Next Rounds in a Trade Row

In the latest escalation of Argentina's ongoing trade spat with China, Argentina's Ministry of Tourism and Industry announced May 19 that it has imposed new anti-dumping measures on Chinese textiles. China has already responded to past Argentine duties on Chinese goods by reducing imports of Argentine soybean products. Buenos Aires' latest move runs the risk of further reducing Argentina's market share in China, a country that far outpaces the rest of the world when it comes to soybean demand, while contributing to the overall deterioration of the Argentine agricultural sector.