Overview
- Both governments confirmed a framework on reciprocal trade and investment and stressed that the final provisions still need to be defined.
- Officials and reports say Washington is setting the pace and weighing impacts on sensitive sectors as it keeps the detailed text in reserve.
- Observers note that recent Trump-era agreements used mechanisms that avoided congressional votes, shaping expectations for the deal’s eventual design.
- Provisional lists indicate potential Argentine preferences for beef, natural resources, non‑patented pharmaceutical inputs, and steel and aluminum, while the U.S. seeks access for medicines, chemicals, autos, machinery, medical devices, and live cattle.
- Business groups voiced cautious optimism, with AmCham praising the move as CAC and importers awaited texts, as industrial voices warned of competitiveness risks and cattle representatives anticipated herd and export benefits still subject to negotiation.