Argentina-U.S. trade pact slashes tariffs, opens markets under Milei-Trump alignment

Argentina and the United States signed a broad trade and investment agreement that eliminates reciprocal tariffs on hundreds of goods—Argentina removing barriers on more than 200 categories and the U.S. scrapping tariffs on about 1,675 Argentine products—while allowing tariff-free entry under quotas for sensitive items like vehicles, live cattle, and dairy. The deal also aims to boost U.S. imports of Argentine beef to 100,000 tons annually, and the U.S. will review its 50% steel and aluminum tariffs rather than abolish them outright. The accord underscores Milei’s pro‑market pivot and strengthens ties with Washington, though it faces domestic pushback from cattle ranchers and some lawmakers who oppose subsidies or tariff relief.