Summary of Agreements with Trinidad and Tobago, Argentina, Ecuador, El Salvador, and Guatemala
- Trinidad and Tobago: The US removed tariffs on key agricultural exports (anhydrous ammonia, urea, urea-ammonium nitrate), restoring duty-free access after reversing a 15% tariff imposed earlier this year. Read more [foreign.gov.tt]
- United States–Argentina: Trade framework maintains 10% tariff on most Argentine goods but grants preferential access for US exports (agriculture, autos, digital trade), and commits Argentina to combat non-market practices. Read more [whitehouse.gov]
- United States–Ecuador: Framework keeps 15% tariff on most Ecuadorian goods while Ecuador agrees to reduce tariffs on US exports, ban discriminatory digital service taxes, and improve agricultural and IP standards. Read more [whitehouse.gov]
- United States–El Salvador: Agreement preserves 10% tariff on Salvadoran goods; El Salvador commits to digital tax ban, market access for US agriculture, and removal of non-tariff barriers for pharmaceuticals and autos. Read more [whitehouse.gov]
- United States–Guatemala: Framework maintains 10% tariff on Guatemalan goods; Guatemala agrees to ban digital service taxes, reduce non-tariff barriers, and enhance IP, labor, and environmental protections. Read more [whitehouse.gov]
US announces new trade frameworks and expanded agricultural tariff exclusions
- The United States announced new trade frameworks with El Salvador, Argentina, Ecuador, Guatemala, Switzerland, and Liechtenstein, maintaining base tariffs while allowing certain Annex III products to qualify for a 0% tariff, alongside an Executive Order expanding agricultural tariff exclusions for 237 products effective from 13 November 2025.
- These frameworks aim to enhance market access and reduce trade barriers, with countries committing to various regulatory improvements, including the removal of non-tariff barriers and the facilitation of digital trade, investment, and intellectual property protection.
- Businesses must assess their supply chains and tariff classifications to leverage the new tariff structures, prepare for post summary corrections for eligible agricultural products, and stay informed on forthcoming agency guidance to ensure compliance and optimize tariff benefits.
Source EY
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