Argentina and the U.S. signed a trade deal slashing tariffs, boosting exports, and strengthening ties amid a $20 billion U.S. economic aid package.

Argentina and the United States signed a major trade agreement on February 5, 2026, eliminating hundreds of reciprocal tariffs and marking a key step in President Javier Milei’s economic reforms to open Argentina’s historically protectionist economy. The deal, finalized in Washington by Argentine Foreign Minister Pablo Quirno and U.S. Trade Representative Jamieson Greer, enhances market access for U.S. industrial and agricultural goods while reducing tariffs on Argentine exports. It follows a broader Trump administration initiative to lower food prices in the U.S. and strengthen ties with Latin American nations. The agreement comes amid a $20 billion U.S. credit line that helped stabilize Argentina’s economy during a financial crisis and reflects a growing political and ideological alignment between Milei and the Trump administration.