Feb 18 • 15:06 UTC 🇦🇷 Argentina Clarin (ES)

The UIA regretted the closure of FATE, questioned Chinese imports, and demanded "equal conditions" to compete

The Argentine Industrial Union expressed deep concern over the closure of FATE's tire plant and the resultant layoffs of 920 workers, emphasizing the broader economic impact beyond the company.

The Argentine Industrial Union (UIA) has voiced significant concern regarding the closure of FATE's tire manufacturing plant, resulting in the dismissal of 920 workers. The organization highlighted that this closure affects not only FATE but also the entire production ecosystem linked to it, including families, suppliers, transporters, and entire communities that rely on this industrial hub. The impact is severe, as FATE has been a key player in generating employment, technology, and local value chains in Argentina.

The UIA's statement drew attention to the fact that the shutting down of an industrial facility symbolizes the loss of accumulated knowledge, skilled jobs, and productive networks that take decades to establish. They pointed out that each closure diminishes the overall industrial landscape and hinders economic growth. The organization also connected the situation with the recent trends in employment within the sector, noting that as of November 2025, the industry had already lost nearly 65,000 jobs over the past two years. These statistics paint a grim picture of the industrial labor market in Argentina, exacerbated by challenges posed by international competition.

In light of these developments, the UIA criticized the current import policies, particularly regarding Chinese imports, pressing for regulatory changes that ensure competitive parity among local and foreign products. Their call for "equal conditions" illustrates the urgency for policies that could support local industry and bolster employment, emphasizing the broader implications of FATE's closure on Argentina's economic stability.

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