Argentina’s austerity kicks in across the country

President Javier Milei’s economic plan is symbolized by the chainsaw, and it is being felt across Argentina's economy. In March, Latin America’s third largest economy saw industrial production fall 21.2% interannually. Milei’s economic plan is focused on the financial front, with Argentina’s fiscal situation as its main target and reducing inflation by correcting relative prices and adjusting tariffs. Argentina released its latest economic activity figures on Wednesday - official figures show an 8% drop in economic activities year-on-year. CGTN’s Joel Richards reports. Watch CGTN LIVE on your computer, tablet or mobile https://cgtnamerica.vhx.tv/videos/hd-live-broadcasts Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Instagram: @cgtnamerica TikTok: @newstoks This material is distributed by MediaLinks TV, LLC on behalf of CCTV. Additional information is available at the Department of Justice, Washington, D.C.