Argentine President Javier Milei announced a sweeping, “permanent” rollback of export taxes on the country’s main agricultural products during the opening of the 137th Exposición Rural in Buenos Aires. The move seeks to shore up support from farmers who had pressed for relief from levies they blame for eroding profitability and slowing rural investment. Under the new schedule, the duty on soybean grain falls to 26% from 33%, while tariffs on soybean meal and oil drop to 24.5% from 31%. Maize and sorghum levies are reduced to 9.5% from 12%, and export duties on beef and poultry decline to 5% from 6.75%. Milei said the cuts would remain in place for the duration of his presidency and framed them as part of a broader push to make Argentina more competitive in global commodity markets. Governors of major farm provinces including Entre Ríos, Córdoba and Santa Fe welcomed the changes, calling them a first step toward the eventual elimination of export taxes. Milei, who also vowed to veto opposition-backed spending bills he said would jeopardize fiscal targets, acknowledged that further reductions will depend on progress toward budget surpluses that can offset the revenue loss from lower duties.