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RE: Nestlé Sells Its Ice Cream Brands in a $1.3 Billion Deal While Announcing 16,000 Layoffs. Workers Are Left to Pay the Price

in TradFi4 days ago

There are three tire manufacturers in Argentina. Fate used to be the Argentine company. Now, due to cost issues, the tire business in Argentina is shifting to imports.
If the national producer has closed, I don't think the multinationals will take long to follow suit and fill the market with imports.