Argentina and US Forge New Trade Agreement Reducing Tariffs with Trump’s Support
Elon Musk was gifted a blinged-out DOGE chainsaw by Argentinian President Javier Milei to help him cut through wasteful spending.
Argentina and the United States have recently signed a reciprocal trade and investment agreement, aimed at enhancing economic ties between the two nations. This agreement, as outlined by the U.S. Trade Representative’s (USTR) office and President Javier Milei, will provide U.S. exports with preferential market access, reduce tariffs on a variety of goods, and deepen cooperation on economic and national security issues.
The agreement, signed on Thursday, is designed to eliminate or reduce both tariff and non-tariff barriers, facilitate trade in goods and services, modernize customs procedures, and promote investment in strategic sectors such as energy, critical minerals, infrastructure, and technology, according to Argentina’s Office of the President.
This deal builds upon a framework trade agreement initially reached on November 13, which was signed by U.S. Trade Representative Jamieson Greer and Argentina’s Foreign Minister Pablo Quirno.
Under the new agreement, Argentina will cut or eliminate tariffs on numerous U.S. exports, including medicines, medical devices, chemicals, machinery, motor vehicles, information technology products, and a wide range of American agricultural goods.
CITI TO MATCH FEDERAL GOVERNMENT’S $1K TRUMP ACCOUNT CONTRIBUTIONS FOR EMPLOYEES’ CHILDREN
Javier Milei, Argentina’s president, left, and US President Donald Trump during the Board of Peace signing ceremony at the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. The annual Davos gathering of political leaders, (Krisztian Bocsi/Bloomberg via Getty Images / Getty Images)
Additionally, Argentina has agreed to adopt U.S. safety and regulatory standards for imported goods, including those for automobiles and medical devices. The country will also recognize U.S. Department of Agriculture (USDA) food safety standards for meat and poultry imports.
The agreement prohibits Argentina from imposing customs duties on cross-border data transmissions and includes a commitment to refrain from introducing a digital services tax targeting U.S. technology companies, according to the USTR.
Agricultural provisions include Argentina’s commitment to open its market to U.S. poultry and poultry products within a year, as well as simplifying regulatory requirements for U.S. exporters of beef and pork.
TRUMP TO UNVEIL TRUMPRX WEBSITE WHERE AMERICANS CAN PURCHASE PRESCRIPTION DRUGS
Argentina’s President Javier Milei (L) and Armenia’s Prime Minister Nikol Pashinyan hold a signed founding charter as US President Donald Trump reacts at the “Board of Peace” meeting during the World Economic Forum (WEF) annual meeting in Davos on Jan. 22, 2026. (Mandel NGAN / AFP via Getty Images / Getty Images)
Moreover, Argentina has committed to not restricting U.S. exporters’ use of certain cheese names—such as asiago, feta, and camembert—which the European Union designates as geographic indications exclusive to their regions.
The agreement also emphasizes closer cooperation on enforcing export controls for sensitive dual-use items that could have military applications, while ensuring the integrity of Argentina’s telecommunications infrastructure, as stated by the USTR.
While the document does not explicitly name China, the U.S. Trade Representative’s office indicated that it aims to enhance cooperation in combating unfair trade practices by third countries.
Argentina has also pledged to collaborate with its provincial governments to facilitate investment by U.S. companies in critical mineral projects, prioritizing the United States as a trading partner for copper, lithium, and other essential minerals over what the USTR described as “market-manipulating economies or enterprises.”
TRUMP SAYS US AND INDIA AGREE TO TRADE DEAL TO LOWER TARIFFS
Argentina’s President Javier Milei looks on as he attends the “Board of Peace” meeting during the World Economic Forum (WEF) annual meeting in Davos on January 22, 2026. (Mandel NGAN / AFP via Getty Images)
In a statement from Buenos Aires, Argentina’s presidency emphasized that the agreement reflects the government’s commitment to integrating the country more fully into the global economy. It aims to foster “an open, competitive, and predictable economy that rewards investment, work, and innovation.”
The agreement will be submitted to Argentina’s National Congress for consideration, as stated by the presidency.
Greer praised the strengthening relationship between the two governments, stating, “The deepening partnership between President Trump and President Milei serves as a model of how countries in the Americas, from Alaska to Tierra del Fuego, can advance our shared ambitions and safeguard our economic and national security.”
Quirno described the deal as a “great achievement” for both countries in a social media post.
Reuters contributed to this reporting.
Elon Musk was gifted a blinged-out DOGE chainsaw by Argentinian President Javier Milei to help him cut through wasteful spending.
Argentina and the United States have recently signed a reciprocal trade and investment agreement, aimed at enhancing economic ties between the two nations. This agreement, as outlined by the U.S. Trade Representative’s (USTR) office and President Javier Milei, will provide U.S. exports with preferential market access, reduce tariffs on a variety of goods, and deepen cooperation on economic and national security issues.
The agreement, signed on Thursday, is designed to eliminate or reduce both tariff and non-tariff barriers, facilitate trade in goods and services, modernize customs procedures, and promote investment in strategic sectors such as energy, critical minerals, infrastructure, and technology, according to Argentina’s Office of the President.
This deal builds upon a framework trade agreement initially reached on November 13, which was signed by U.S. Trade Representative Jamieson Greer and Argentina’s Foreign Minister Pablo Quirno.
Under the new agreement, Argentina will cut or eliminate tariffs on numerous U.S. exports, including medicines, medical devices, chemicals, machinery, motor vehicles, information technology products, and a wide range of American agricultural goods.
CITI TO MATCH FEDERAL GOVERNMENT’S $1K TRUMP ACCOUNT CONTRIBUTIONS FOR EMPLOYEES’ CHILDREN
Javier Milei, Argentina’s president, left, and US President Donald Trump during the Board of Peace signing ceremony at the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. The annual Davos gathering of political leaders, (Krisztian Bocsi/Bloomberg via Getty Images / Getty Images)
Additionally, Argentina has agreed to adopt U.S. safety and regulatory standards for imported goods, including those for automobiles and medical devices. The country will also recognize U.S. Department of Agriculture (USDA) food safety standards for meat and poultry imports.
The agreement prohibits Argentina from imposing customs duties on cross-border data transmissions and includes a commitment to refrain from introducing a digital services tax targeting U.S. technology companies, according to the USTR.
Agricultural provisions include Argentina’s commitment to open its market to U.S. poultry and poultry products within a year, as well as simplifying regulatory requirements for U.S. exporters of beef and pork.
TRUMP TO UNVEIL TRUMPRX WEBSITE WHERE AMERICANS CAN PURCHASE PRESCRIPTION DRUGS
Argentina’s President Javier Milei (L) and Armenia’s Prime Minister Nikol Pashinyan hold a signed founding charter as US President Donald Trump reacts at the “Board of Peace” meeting during the World Economic Forum (WEF) annual meeting in Davos on Jan. 22, 2026. (Mandel NGAN / AFP via Getty Images / Getty Images)
Moreover, Argentina has committed to not restricting U.S. exporters’ use of certain cheese names—such as asiago, feta, and camembert—which the European Union designates as geographic indications exclusive to their regions.
The agreement also emphasizes closer cooperation on enforcing export controls for sensitive dual-use items that could have military applications, while ensuring the integrity of Argentina’s telecommunications infrastructure, as stated by the USTR.
While the document does not explicitly name China, the U.S. Trade Representative’s office indicated that it aims to enhance cooperation in combating unfair trade practices by third countries.
Argentina has also pledged to collaborate with its provincial governments to facilitate investment by U.S. companies in critical mineral projects, prioritizing the United States as a trading partner for copper, lithium, and other essential minerals over what the USTR described as “market-manipulating economies or enterprises.”
TRUMP SAYS US AND INDIA AGREE TO TRADE DEAL TO LOWER TARIFFS
Argentina’s President Javier Milei looks on as he attends the “Board of Peace” meeting during the World Economic Forum (WEF) annual meeting in Davos on January 22, 2026. (Mandel NGAN / AFP via Getty Images)
In a statement from Buenos Aires, Argentina’s presidency emphasized that the agreement reflects the government’s commitment to integrating the country more fully into the global economy. It aims to foster “an open, competitive, and predictable economy that rewards investment, work, and innovation.”
The agreement will be submitted to Argentina’s National Congress for consideration, as stated by the presidency.
Greer praised the strengthening relationship between the two governments, stating, “The deepening partnership between President Trump and President Milei serves as a model of how countries in the Americas, from Alaska to Tierra del Fuego, can advance our shared ambitions and safeguard our economic and national security.”
Quirno described the deal as a “great achievement” for both countries in a social media post.
Reuters contributed to this reporting.
