Argentina · Economy
Key Facts
—Tariff shock. Trump imposed 25% tariffs on steel and aluminium imports without exceptions, directly hitting Argentina as the seventh-largest aluminium supplier to the U.S.
—Reciprocal risk. A parallel order to prepare country-by-country reciprocal tariffs places Argentina’s roughly US$30 billion annual trade with the United States in the line of fire.
—Lifeline intact. The US$20 billion U.S. Treasury swap line and the February 2026 ARTI trade agreement remain in place, with no verified cancellation or suspension.
