Illustration of Argentina maintaining low US tariffs with ships and flags representing trade benefits.
Illustration of Argentina maintaining low US tariffs with ships and flags representing trade benefits.
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Argentina maintains lowest US tariff rate and expands export benefits

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The updated US tariff scheme took effect on Friday with Argentina retaining the minimum 10 percent surcharge. More than 2,200 tariff positions will enter with zero duty.

The US Chamber of Commerce in Argentina (AmCham) noted that the country retains the most favorable tariff treatment under the new Section 301 regime.

The Trade Reciprocity Agreement (ARTI) begins full implementation, which will expand opportunities for Argentine exports according to the entity.

The Argentine government downplayed the impact and said the 10 percent tariff confirms the direction of bilateral negotiations with the Donald Trump administration. The Casa Rosada awaits full implementation of the understanding before sending it to Congress.

AmCham considered that maintaining the minimum surcharge and increasing zero-tariff positions strengthens reliable value chains between both countries.

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Initial reactions on X show mixed sentiments: supporters of Milei highlight the 10% rate as the region's lowest with export benefits and regional advantages over Brazil/Chile; critics call it a 'reality check' with no real gains from alignment with Trump, questioning the alliance's value; neutral posts note the tariff's minimal impact and zero-duty expansions.

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Illustration of Mexico-US trade under T-MEC with trucks at the border and flags.
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Mexico keeps tariff edge under T-MEC after new US duties

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Mexico confirmed that 85 percent of its exports to the United States will remain tariff-free under the T-MEC, despite new 10 percent duties on 60 countries under Section 301.

The US Trade Representative office released a preliminary report on Tuesday recommending a 25% tariff on various Brazilian products. About 1,700 items were exempted, including coffee, frozen orange juice and cuts of beef.

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US President Donald Trump introduces new tariffs of up to 12.5 percent on imports from 60 countries starting Friday. The EU is affected along with Taiwan, Japan and Switzerland. The US government justifies the move with insufficient action against forced labor.

Vice-President Geraldo Alckmin said on Tuesday that the government will not apply the Reciprocity Law as retaliation for the 25% tariffs imposed by the United States, which take effect on Wednesday.

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China has extended zero-tariff treatment to all African countries with diplomatic ties, effective from May 1, covering 20 nations beyond the least developed category.

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