Group 1 - The Argentine government has announced a permanent reduction in export withholding tax rates for various agricultural products, including beef and poultry, with rates decreasing from 6.75% to 5% [1] - The tax reductions also apply to corn and sorghum, which will see rates drop from 12% to 9.5%, sunflower seeds from 7.5% to 5.5%, soybeans from 33% to 26%, and soybean by-products from 31% to 24.5% [1] - This policy aims to boost the agricultural sector, which is considered the most productive industry in Argentina, by alleviating the heavy tax burden it has faced over the past two decades [1] Group 2 - Economists suggest that the reduction in export withholding tax rates may lead to an increase in overall agricultural output, which could offset any fiscal shortfall through increased revenue from other taxes such as VAT and income tax [2] - The policy is seen as a step towards the gradual elimination of export taxes by the Milei administration [3]