Partners and Competitors
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The chapter examines challenges to the position of the British in Argentina soon after 1900 led by US and German firms. By 1913, the latter dominated several major new areas of trade, leaving the British increasingly confined to older sectors led by textiles and railways. The 1920s appeared another period of high prosperity although the British were again undermined by US competition. Discussion leads into “bilateralism” during the 1930s through the Roca-Runciman treaty granting the British preferential shares of the Argentine market. The chapter concludes with World War II, a period in which Britain imported massive quantities of Argentine meat on a basis of deferred payment.