12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
June 25
Covid-19 has been very relevant in this market, as several frigorificos do not slaughter due to suspicious cases. Tanneries continue to reluctantly receive few hides. In view of this situation, the Argentina National Government eliminated tariffs that govern the export of leather for 60 days, through Decree 549/2020 published this week in the Official Gazette.
In addition, the activity of tanneries was incorporated without restrictions as essential, for the purposes of the emergency and in order to exempt those who carry out tasks in the field.
The decree highlighted that the global health crisis caused by the coronavirus pandemic led to a sharp drop in the levels of hide exports, which generated the accumulation of these in the…