Argentina Reportedly Secures Zero-Tariff Agreement With the US
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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