Argentina Signs US Trade Deal That Cuts Hundreds of Tariffs

Argentina and the US agreed to scrap hundreds of tariffs on each other’s goods in a trade and investment deal inked Thursday, a major step in President Javier Milei’s push to open up the historically protectionist South American economy.

The US agreed to eliminate over 1,600 reciprocal tariffs on Argentine goods while Milei’s government will terminate more than 220 levies on US products, Argentina’s foreign ministry said in a statement.

Argentina Foreign Minister Pablo Quirno and US Trade Representative Jamieson Greer signed the agreement in Washington, according to statements from both governments.

The agreement is a victory for Milei, ...