On November 13, 2025, President Donald J. Trump and President Javier Milei issued a joint statement about a Framework for a United States-Argentina Agreement on Reciprocal Trade and Investment.

This framework aims to enhance the economic partnership between the two nations by improving trade conditions, fostering investment, and aligning regulatory standards.

Key elements of the agreement include the elimination of tariffs on specific goods, the removal of non-tariff barriers, and commitments to protect labor rights and enhance environmental initiatives.

The agreement includes provisions for Argentina to offer preferential market access for U.S. exports, such as agricultural products, machinery, and medical devices. In exchange, the United States will eliminate certain tariffs and consider national security factors in its trade decisions.

Both countries have also agreed to tackle challenges associated with intellectual property enforcement, labor rights protections, and practices by state-owned enterprises that could distort trade.

Furthermore, the framework emphasizes cooperation in digital trade, agricultural market access, and environmental sustainability.

Argentina has pledged to improve its compliance with international standards, combat illegal logging, and enhance the trade of critical minerals.

The two nations intend to collaborate closely to finalize the agreement’s text and ensure effective implementation, underscoring the significance of their strategic alliance rooted in shared democratic values and free enterprise.

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