Argentine President also expressed the willingness to remove the country from Mercosur, if this becomes necessary to achieve its commercial objectives
The president of Argentina, announced in Mar-Lago that he intends to change the country’s legislation to adapt to the new rates imposed by. During his statement, Milei said Argentina pledges to meet reciprocal tariffs suggested by the former US President, having already met nine of the sixteen requirements required. Thus, the country will be taxed only at a minimum rate of 10%. In addition, Milei stressed the importance of harmonizing tariffs on about 50 products, considering this measure a significant advance towards a trade agreement. He also expressed his willingness to remove Argentina from Mercosur if this becomes necessary to achieve their commercial goals. Negotiations were facilitated by meetings between Chancellor Gerardo Werthein and US government representatives. The Argentine president is looking for support to enable a new loan from the International Monetary Fund, which totals $ 20 billion.
Milei emphasized his intention to collaborate closely with the United States, reinforcing the importance of this partnership for the Argentine economy. During his visit, he was awarded the Lion of Liberty award, a recognition that symbolizes his commitment to economic freedom.
*Report produced with the aid of AI
Posted by Fernando Dias
