Argentina Reportedly Secures Zero-Tariff Agreement With the US

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.