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Home»Business»Argentina, US signal new Trump-backed commerce settlement reducing tariffs
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Argentina, US signal new Trump-backed commerce settlement reducing tariffs

Buzzin DailyBy Buzzin DailyFebruary 6, 2026No Comments4 Mins Read
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Argentina, US signal new Trump-backed commerce settlement reducing tariffs
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Elon Musk was gifted a blinged-out DOGE chainsaw by Argentinian President Javier Milei to assist him reduce by wasteful spending.

Argentina and america have signed a reciprocal commerce and funding settlement that can give U.S. exports preferential market entry, scale back tariffs on a variety of products and deepen cooperation on financial and nationwide safety points, in accordance with the U.S. Commerce Consultant’s (USTR) workplace and President Javier Milei.

The settlement, signed Thursday, is designed to chop or remove tariff and non-tariff limitations, facilitate commerce in items and companies, modernize customs procedures and promote funding in strategic sectors together with vitality, important minerals, infrastructure and know-how, in accordance with Argentina’s Workplace of the President.

The deal builds on a framework commerce settlement first reached Nov. 13 and was signed by U.S. Commerce Consultant Jamieson Greer and Argentina’s Overseas Minister Pablo Quirno, the USTR stated.

Underneath the settlement, Argentina will reduce or remove tariffs on many U.S. exports, together with medicines, medical units, chemical substances, equipment, motor automobiles, data know-how merchandise and a variety of American agricultural items.

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Javier Milei, Argentina’s president, left, and US President Donald Trump through the Board of Peace signing ceremony on the World Financial Discussion board (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. The annual Davos gathering of political leaders, (Krisztian Bocsi/Bloomberg by way of Getty Photos / Getty Photos)

Argentina additionally agreed to simply accept U.S. security and regulatory requirements for imported items, together with requirements for cars and medical units, and to acknowledge U.S. Division of Agriculture (USDA) meals security requirements for meat and poultry imports.

The settlement bars Argentina from imposing customs duties on cross-border knowledge transmissions and features a dedication to not introduce a digital companies tax concentrating on U.S. know-how firms, in accordance with the USTR.

Agriculture provisions embody a dedication from Argentina to open its market to U.S. poultry and poultry merchandise inside a yr and to simplify regulatory necessities for U.S. exporters of beef and pork.

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Milei, Trump, and Pashniyan at Board of Peace meeting

Argentina’s President Javier Milei (L) and Armenia’s Prime Minister Nikol Pashinyan maintain a signed founding constitution as US President Donald Trump reacts on the “Board of Peace” assembly through the World Financial Discussion board (WEF) annual assembly in Davos on Ja (Mandel NGAN / AFP by way of Getty Photos / Getty Photos)

Argentina additionally agreed to not prohibit U.S. exporters’ use of sure cheese names — together with asiago, feta and camembert — which the European Union labels geographic indications solely accessible to their producing areas.

The settlement requires nearer cooperation on implementing export controls for delicate dual-use gadgets that would have army functions, whereas addressing the integrity of Argentina’s telecommunications infrastructure, the USTR stated.

Whereas the doc doesn’t identify China straight, the U.S. Commerce Consultant’s workplace stated it might improve cooperation in combating unfair commerce practices by third nations.

Argentina additionally dedicated to working with its provincial governments to facilitate funding by U.S. firms in important mineral tasks and to prioritize america as a buying and selling accomplice for copper, lithium and different important minerals over what the USTR described as “market-manipulating economies or enterprises.”

TRUMP SAYS US AND INDIA AGREE TO TRADE DEAL TO LOWER TARIFFS

Javier Milei

Argentina’s President Javier Milei seems on as he attends the “Board of Peace” assembly through the World Financial Discussion board (WEF) annual assembly in Davos on January 22, 2026. (Mandel NGAN / AFP by way of Getty Photos)

In an announcement from Buenos Aires, Argentina’s presidency stated the settlement displays the federal government’s choice to combine the nation extra absolutely into the worldwide financial system and transfer towards “an open, aggressive, and predictable financial system that rewards funding, work, and innovation.”

The settlement will probably be submitted to Argentina’s Nationwide Congress for consideration, in accordance with the presidency.

Greer praised the rising relationship between the 2 governments.

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“The deepening partnership between President Trump and President Milei serves as a mannequin of how nations within the Americas, from Alaska to Tierra del Fuego, can advance our shared ambitions and safeguard our financial and nationwide safety,” Greer stated.

Quirno described the deal as a “nice achievement” for each nations in a social media submit.

Reuters contributed to this reporting.

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