Overview
- The non‑binding deals keep baseline levies in place—10% on most goods from Argentina, Guatemala and El Salvador and 15% on Ecuador—while removing or reducing tariffs on specified qualifying imports.
- Officials cited coffee, bananas and cocoa among items expected to receive relief, with some textiles and apparel from Guatemala and El Salvador and certain pharmaceutical inputs also identified for carve‑outs.
- Each partner pledged greater market access for U.S. exports and commitments to ease non‑tariff barriers, protect intellectual property and refrain from digital services taxes on U.S. companies.
- The administration says it expects some price relief for consumers but offered no precise impact estimates, and it plans to finalize and sign most frameworks within roughly two weeks.
- The announcements come as the Supreme Court reviews the legality of broader tariff measures and as industry groups and some lawmakers warn about potential domestic impacts, including concerns from U.S. cattle producers.