U.S. and Argentina Finalize Tariff‑Cutting Trade Deal Backed by Trump’s $20B Credit Line
Argentina and the United States formally signed a trade and investment agreement in Washington—signed by Argentine Foreign Minister Pablo Quirno and U.S. Trade Representative Jamieson Greer—that slashes tariffs by removing trade barriers on more than 200 categories of U.S. goods and allowing tariff‑free imports of vehicles, live cattle and dairy under quotas. The U.S. will eliminate reciprocal tariffs on 1,675 Argentine products, a move the White House says could help lower U.S. food prices, while the Milei government frames the pact as proof Argentina is a “reliable partner”; Argentina is the first of four Latin American countries in the Trump administration’s November framework to finalize a deal.
📌 Key Facts
- Argentine Foreign Minister Pablo Quirno and U.S. Trade Representative Jamieson Greer formally signed the trade and investment agreement in Washington on Thursday.
- Under the deal, Argentina will remove trade barriers on more than 200 categories of U.S. goods—including chemicals, machinery and medical devices—and will allow tariff‑free imports of vehicles, live cattle and dairy products under quotas.
- The United States will eliminate reciprocal tariffs on 1,675 Argentine products; the White House says cheaper Argentine beef and other imports will help lower U.S. food prices while expanding U.S. export opportunities.
- Argentina is the first of four Latin American countries covered by President Trump’s November framework to finalize an agreement with Washington.
- The Milei government frames the deal as a signal that Argentina is now a "reliable partner" open to trade after years of protectionism and serial default.
📰 Source Timeline (2)
Follow how coverage of this story developed over time
- Confirms that Argentine Foreign Minister Pablo Quirno and U.S. Trade Representative Jamieson Greer formally signed the trade and investment agreement in Washington on Thursday.
- Details that Argentina will scrap trade barriers on more than 200 categories of U.S. goods, including chemicals, machinery and medical devices, and will allow tariff‑free imports of vehicles, live cattle and dairy products under quotas.
- Reports that the United States will eliminate reciprocal tariffs on 1,675 Argentine products, with the White House arguing that cheaper Argentine beef and other imports will help reduce U.S. food prices while expanding U.S. export opportunities.
- Clarifies that Argentina is the first of four Latin American countries covered by Trump’s November framework to actually finalize its agreement with Washington.
- Adds Milei government framing that the deal is meant to signal Argentina is now a 'reliable partner' open to trade after years of protectionism and serial default.