“Argentina and the United States agreed Thursday to ease restrictions on each other’s goods in an expansive trade deal that boosts a drive by President Javier Milei to open up Argentina’s protectionist economy…

After imposing sweeping tariffs on its trading partners, the Trump administration changed its tune last November in announcing framework deals with four Latin American countries, including Argentina.

The White House argued that the reduction of tariffs on Argentine beef and Ecuadorian bananas, among other imports, would improve the ability of American firms to sell products abroad and relieve rising prices for American consumers. The announcement also came as Trump’s steep tariffs drew scrutiny from the Supreme Court.

Argentina on Thursday became the first of the four countries to finalize its agreement with Washington…

Argentina will scrap trade barriers on more than 200 categories of goods from the U.S., including chemicals, machinery and medical devices, its foreign ministry said. More politically sensitive imports, like vehicles, live cattle and dairy products, will enter the country tariff-free under government quotas…

Washington, for its part, will eliminate reciprocal tariffs on 1,675 Argentine products, Argentina’s Foreign Ministry said…

The deal also shows the U.S. quadrupling the current amount of Argentine beef it imports at a lower tariff rate to 100,000 tons per year.”

From PBS News.