Overview
- Officials say most general reciprocal tariffs stay in place—10% for Argentina, Guatemala and El Salvador, 15% for Ecuador—while product-specific exemptions will be finalized in the coming weeks.
- The frameworks are reciprocal, with partner countries committing to open or grant preferential access for U.S. exports including medicines, chemicals, machinery, IT products, medical devices, vehicles and agricultural goods.
- Argentina’s outline includes opening its market to U.S. live cattle now and poultry within a year, broader preferential access for U.S. goods and regulatory alignment, with details still pending and potential domestic approvals noted.
- Guatemala’s president says more than 70% of the country’s exports to the United States will face zero tariffs, with references to apparel that meets DR‑CAFTA rules.
- U.S. officials frame the targeted tariff relief as focused on goods not produced in abundance domestically—explicitly coffee, bananas and cacao—with formal signings anticipated in the near term.