Feb. 6 (UPI) -- Argentina expects a significant increase in exports following the signing of a trade agreement with the United States, announced by Argentine Foreign Minister Pablo Quirno.
According to Argentine government estimates, the agreement could generate more than $1 billion in additional revenue through the elimination of tariffs on 1,675 Argentine products across multiple sectors.
The beef sector appears as one of the main beneficiaries.
"The United States government will grant an unprecedented expansion to 100,000 tons for preferential access of Argentine beef to its market. This ensures an additional 80,000 tons in 2026, added to the 20,000 tons already available, which will allow Argentine exports of this product to increase by about $800 million," Argentina's Foreign Ministry said in a statement.
The expanded beef quota approved by the administration of President Donald Trump could renew criticism from U.S. cattle producers, who voiced opposition in October when Trump first proposed increasing beef imports from Argentina as part of a strategy to ease domestic prices.
