Joint Statement on Framework for a United States–Argentina Agreement on Reciprocal Trade and Investment

President Donald J. Trump and President Javier Milei announce a Framework for an Agreement on Reciprocal Trade and Investment between the United States and Argentina, reaffirming their strategic alliance and shared commitment to free enterprise, private initiative, and open markets. The framework aims to deepen bilateral trade and investment, drive long-term growth, and create a transparent, rules‑based environment for commerce and innovation.

• Tariffs

  • Argentina will grant preferential market access for U.S. exports, including:
  • The U.S., recognizing Argentina’s reform agenda and compliance with supply chain and economic security requirements, will remove reciprocal tariffs on certain unavailable natural resources and non‑patented pharma inputs.
  • The U.S. may take this agreement into account when considering trade actions under Section 232 (national security).
  • Both countries commit to improved market access for beef trade.

• Elimination of Non‑Tariff Barriers

  • Argentina has dismantled many non‑tariff barriers such as restrictive import licensing.
  • Commits to no consular formalities for U.S. exports and will phase out the statistical tax on U.S. goods.

• Standards and Conformity Assessment

  • Argentina aligns with international standards and will:

• Intellectual Property (IP)

  • Argentina has acted against a major regional market for counterfeit goods and will further improve anti‑counterfeiting and anti‑piracy enforcement, including online.
  • Commits to address issues flagged in USTR’s 2025 Special 301 Report:
  • Will work toward aligning IP rules with international standards.

• Agricultural Market Access

  • Argentina:
  • Both countries will address non‑tariff barriers in food and agricultural trade.

• Labor

  • Argentina reaffirms its commitment to internationally recognized labor rights.
  • Will ban imports of goods made with forced or compulsory labor and strengthen labor law enforcement.

• Environment

  • Argentina will:

• Economic Security Alignment

  • Closer cooperation to address non‑market policies and practices of third countries.
  • Work to align approaches on export controls, investment security, duty evasion, and related topics.

• Commercial Opportunities

  • Cooperate to facilitate investment and trade in critical minerals.
  • Work together to stabilize the global soybean trade.

• State‑Owned Enterprises (SOEs) and Subsidies

  • Argentina commits to address distortionary actions by SOEs and industrial subsidies that impact bilateral trade.

• Digital Trade

  • Argentina will:

• The U.S. and Argentina will expeditiously finalize the legal text for signature and complete their domestic procedures so the Agreement can enter into force.
• Implementation and ongoing coordination will occur through