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Argentina Reportedly Secures Zero-Tariff Agreement With the US

2025-07-11 09:44:49

Main Idea

Argentina has reportedly secured a zero-tariff agreement with the U.S., benefiting up to 80% of its exports, excluding raw materials like steel and aluminum.

Key Points

1. President Javier Milei and the Trump Administration have agreed to a reciprocal zero-tariff deal.

2. The agreement covers 100 Argentine products entering the U.S. without taxes.

3. Up to 80% of Argentina's exports to the U.S. will benefit from zero tariffs, excluding steel and aluminum.

4. Brazil, part of BRICS, faces a 50% tariff regime under U.S. unilateral tariffs.

5. The U.S. has imposed tariffs ranging from 10% to 50% on over 20 countries.

Description

President Javier Milei and the Trump Administration have reportedly agreed to the zero-tariff terms, with the corresponding announcement on hold as President Trump aims to showcase Argentina as an exemplary case in the region, according to local media. Report: Argentina Reaches Reciprocal Zero-Tariff Agreement With President Trump Argentina has secured a highly beneficial agreement with

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