The recent announcement of new tariffs imposed by Washington on more than 60 countries does not alter the rate applied to Argentina, which will remain at 10%, as established under the original 2025 regulation.
Although the rate itself remains unchanged, the measure could create problems for Argentine products that benefited from the trade agreement signed between the two countries in February of this year.
According to Federico Vaccarezza, Secretary of the Europe Department at the Institute of International Relations at the National University of La Plata (UNLP), “the reduction to a 0% tariff on certain Argentine products [negotiated under the agreement] is now left in limbo.”
He argued that the agreement “is only valid if the United States chooses to honor it.” This is because Argentina “has no mechanism to defend itself if the U.S. fails to comply,” nor is there any dispute settlement mechanism between the two parties.
“If they want to revoke it, they can revoke it,” he told the Herald.
