“We are good”, categorically assured Scope A high source linked to negotiations that are very advanced. It should be remembered that Argentina was one of the first countries that opened conversations with the White House once the first batch of tariffs was imposed in April.
At the moment, The United States imposed 10%tariffs on Argentina, In contrast to the 35% imposed on Canada, 50% to Brazil or the standard rate of 15% that governs for numerous countries.
The agreement would include at least 100 foreign trade positions, with tariffs that would range between zero and ten percent, Although there are no details since the negotiations have remained under a strict reservation. This agreement could give Argentina a tariff advantage compared to the rest of Latin America
The importance of this agreement is “It is extremely relevant, ”the economist, Marcelo Elizondo. How export destination is the second in the last two years. After Brazil. In terms of trade of services is our first destination. In addition, it is the first exterior direct investor in Argentina. ”
He also pointed out that a “potential export growth in items of strategic interest for the US such as minerals. ”Although, he clarified that “Also probably an agreement to encourage US investment,” Elizondo said while stating that “not only US is the largest external investor in Argentina, but is the largest external investor in the world.”
In fact, the Secretary of the Treasury in his post last week where he offered financial support to Argentina said “I have been in contact with numerous US companies that plan to make important direct foreign investments in Argentina in multiple sectors,” and then clarify, “in case of a positive electoral result.”
It should be noted that bilateral trade with the United States was US $ 4,969 million in the first 8 months of 2025 and imports were US $ 4,718 million imports in that period, that is, Argentina has a slight commercial surplus with this country.
The great component of exports to the US is Fuel and energy: 45% of what is exported to the US in the first 8 months of this year is fuel and energy. And it is the most growing item: 57% year -on -year in the period.
From Argentine imports from the US, the most important thing are supplies and intermediate goods for production (1/3, of the total).
Source: Ambito
