Amid Fate's conflict, a businessman admitted that in Argentina they were "stealing" with tire prices, and Milei responded
President Javier Milei addressed accusations linking him to the closure of FATE, reacting to claims by a tire distributor's owner who stated that "multinationals and businessmen" were overpricing in an unrealistic market.
President Javier Milei confronts critics attributing the closure of the FATE tire company to him, stating that a businessman publicly claimed that the high tire prices were a result of a fraudulent market. Roberto MΓ©ndez, the CEO of Neumen, expressed that both multinationals and local businesses had profited from inflated prices, suggesting that reality was distorted by the dynamics of the tire market in Argentina. He noted that they had never earned as much money as during these times when they were allowed to act freely in the market.
In response, Milei reacted vehemently against individuals whom he accuses of using cheap nationalism as a cover for theft from honest Argentine citizens. During a livestream on his platform Ahora Play, he shared the statements made by MΓ©ndez and reiterated his disdain for those who exploit nationalist sentiment for personal gain. By directly addressing misinformation and calling out perceived corruption, Milei aims to realign the narrative around FATE's closure and the broader economic issues facing Argentina.
This situation highlights the ongoing debate about market regulation in Argentina and the impact of multinational corporations on local business. Milei's government has been under scrutiny for its economic policies, and this incident exemplifies the tension between traditional business practices and the political landscape. The discussions surrounding tire prices and the statements by influential businessmen could potentially influence public perceptions and the future of economic policy in the region.