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Argentine Grain Exports Halted by Strike Against Macri

The largest trade union federation in Argentina has called for a strike in protest against President Macri’s new economic policies - a move that has paralyzed the country’s grain shipments.

The CGT umbrella labor union’s strike, which also froze the country’s banking and transit systems, was to demand wage increases in the face of inflation rates that are exceeding 25 percent annually. Additionally, austerity measures imposed in association with a deal President Macri inked with the International Monetary Fund are being viewed as anti-labor.

Protest strikes conducted by union grain crushing and port workers halted grain shipments out of Rosario, a major port for the country that is the world’s top exporter of soybean meal and soybean oil, and the world’s third biggest exporter of soybeans and corn.

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