Officials in Argentina say they are close to signing an agreement with the U.S. that would allow two-way trade of fresh beef for the first time in nearly two decades.
Argentine President Mauricio Macri carried through on a campaign pledge by eliminating export taxes on agricultural goods including beef, wheat and corn while cutting a tariff on soybeans by 5 percentage points.
The world's largest potential market for beef seems to be shrinking under the strain of the cornonavirus as the government locked down cities for weeks and enforced wide-scale quarantines.