Overview
- President Javier Milei announced the expanded access at the America Business Forum, citing a preferential 10% tariff within the beef quota and thanking President Donald Trump for the agreement.
- Officials from both countries are finalizing the text, with Foreign Minister Pablo Quirno set to travel to Washington next week and a joint communiqué anticipated before the end of November.
- The wider negotiation includes a proposed duty‑free or reduced‑tariff quota for Argentine steel and aluminum, with reports pointing to a combined cap near 180,000 tonnes that is still under discussion.
- Only meat plants already certified for the U.S. market can immediately use the larger allowance, and industry output is constrained by a limited cattle herd and plant approvals.
- Analysts estimate the additional 60,000 tonnes could add roughly US$300 million in annual revenue at current prices, while U.S. policymakers have signaled interest in boosting meat imports to ease domestic costs.