Your browser is: WebKit 537.36. This browser is out of date so some features on this site might break. Try a different browser or update this browser. Learn more.
Businessweek Daily

Argentina Offers a Cautionary Tale About Tariffs and Peanuts

Automakers cut strange deals to export olives and wine so they could import cars. Plus: Elon Musk’s X merger.

A 2019 protest against tariffs in Buenos Aires.

Photographer: Franco Fafasuli/Getty Images South America

The word of the day is “tariffs” as the world awaits specifics on what exactly President Donald Trump is planning next in his trade war. Here, Stacey Vanek Smith has some history about what happened when Argentina issued strict levies. Plus: Changes in Elon Musk’s empire, and why China is pushing vocational schools. If this email was forwarded to you, click here to sign up .

On this “Liberation Day,” as Donald Trump has named it, before a 4 p.m. White House announcement on the president’s long-touted tariffs, I can’t stop thinking about Argentine peanuts.