- Title: Argentina labels US low tariffs 'satisfactory', seeks free trade deal
- Date: 3rd April 2025
- Summary: BEIT LAHIYA, GAZA (APRIL 3, 2025) (REUTERS) VARIOUS OF PALESTINIANS, CHILDREN HOLDING POTS, RECEIVING MEALS / MEN AND A WOMEN SERVING LOAF OF BREAD AND A BOWL OF LENTIL SOUP VOLUNTEER SERVING SOUP AND BREAD VARIOUS OF CROWDS OF CHILDREN SCRAMBLING FOR FOOD (SOUNDBITE)(Arabic) PALESTINIAN MAN, JABER AL-MADHOUN, SAYING: "Today, the bakeries closed, and we found nothing to ea
- Embargoed:
- Keywords: Argentina Donald Trump Javier Milei US tariffs
- Location: BUENOS AIRES, ARGENTINA
- City: BUENOS AIRES, ARGENTINA
- Country: Argentina
- Topics: South America / Central America,Government/Politics,International Trade
- Reuters ID: LVA002405003042025RP1
- Aspect Ratio: 16:9
- Story Text: The Argentine government expressed on Thursday (April 3) satisfaction with the United States' decision to impose lower tariffs on Argentine goods, while revealing ambitions for a more comprehensive trade relationship between the two nations.
During a press conference, presidential spokesperson Manuel Adorni described the administration's response to "achieving the lowest rates" as positive.
Argentina has been impacted by a 10% increase in new tariffs, which is expected to result in fewer exports to the U.S. and a decrease in domestic activity, while the country awaits concrete developments in negotiations for a new loan from the International Monetary Fund (IMF).
Adorni stated that Argentina's strategy is to fortify its relationship with the U.S. and establish a free trade agreement.
Argentine President Javier Milei has been advocating for a trade deal with Washington since assuming office in 2023, with efforts intensifying this year.
Argentina, a producer of grains, lithium, and energy, had bilateral trade worth between $13-16 billion with the U.S. last year. The South American nation is seeking to capitalize on ideological ties between Trump and its libertarian President Milei.
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