Businesses face criticism and sell assets in Argentina as labor reform passes

President Javier Milei accused Argentine business leaders of having 'sunk' the country, while a tire industry executive admitted companies had been 'stealing' through high prices. In response, Milei challenged the executive to a public debate.

During this period, several multinational companies moved to sell their operations in Argentina, including a major global dairy firm selling its La Paulina cheese business. Meanwhile, Argentina's Congress passed a historic labor reform law that will create the longest standard workday in South America.