Overview
- Signed in Washington by Foreign Minister Pablo Quirno and USTR Jamieson Greer, the agreement makes Argentina the first of four Latin American framework partners to finalize terms and will be submitted to Argentina’s Congress.
- Argentina will scrap barriers on more than 200 U.S. product categories, cut many tariffs to 2%, and allow vehicles, beef and dairy to enter tariff-free under government quotas.
- The United States will remove reciprocal tariffs on certain unavailable natural resources and pharmaceutical inputs, with the deal text also showing a review of 50% steel and aluminum taxes and a quadrupling of lower‑tariff Argentine beef access.
- U.S. officials detailed provisions accepting U.S. safety standards for autos and medical devices, recognizing USDA meat and poultry rules, prohibiting customs duties on cross-border data and a digital services tax, opening Argentina’s market to U.S. poultry within a year, protecting common cheese names, and deepening cooperation on export controls, telecom security and critical minerals.
- Industry and political pushback intensified as Argentine manufacturers warned of stiffer competition, U.S. ranchers and farm-state lawmakers objected to expanded beef imports, and Sen. Elizabeth Warren urged Treasury to end the prior $20 billion lifeline to Argentina.