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

Key Points

• Lower tariffs and fewer barriers aim to open both markets. Argentina gives better access for U.S. medicines, machines, cars, and farm goods. The U.S. cuts some duties on inputs drug makers need. Both sides improve access for beef.
• Argentina will accept U.S. safety and health approvals for cars and medical products, reducing duplicate testing. That can speed sales by U.S. companies and support jobs. Shoppers may see more Argentine goods at competitive prices.
• Online trade gets easier. Argentina plans to let data flow to the United States, recognize e-signatures, and avoid unfair rules on U.S. digital services. This can help small firms sell to Argentine customers.
• Stronger rules on fair play and the planet. Argentina will curb fake and pirated goods, ban imports made with forced labor, fight illegal logging, and follow global fishing limits.
• The countries plan to work together on critical minerals and to screen risky investments and exports. They also aim to steady soybean trade. The U.S. may weigh this deal in future security-based trade decisions.