Argentina gets the smallest tariff in the US and Brazil with the largest

by Marcelo Moreira

United States President Donald Trump has released the final list of tariffs that will impose imports of dozens of countries within seven days. While Brazil had a 50% percentage in overcrowders, Argentina, whose current government is an ally of the Republican, will initially pay 10%.

One of the points of the executive order released on Thursday night by the White House says that Goods of any foreign commercial partner not listed in Annex I of this order will be subject to an additional ad value tax of 10%, according to the terms of executive order 14.257, as changed, unless expressly disposed of otherwise. “This includes Argentina, which was not listed with a specific value such as Brazil.

The Javier Milei government, which has negotiated several agreement with Trump in recent months, has maintained the lowest percentage established by Washington so far. A group of more than 70 countries, including Brazil, was overcharged between 15% and 50%.

In conversation with sources near Milei, the Argentine newspaper Clarion He said the Argentine government continues with negotiations for more benefits. This week, Casa Rosada received the secretary of the US internal security department, Kristi Noem, who signed at least two important agreements with Argentina on behalf of Trump.

One in the safety area and another relative to an Argentine membership letter to the US visa exemption program, allowing Argentines to enter the United States without having to go through the bureaucratic process of consulates. The measure should still take a long time to come into force due to a number of requirements that need to be aligned with the US government.

The United States was the second largest destination of Argentina’s exports last year, behind only Brazil. In all, US $ 6.454 billion were exported.

Goods produced in the US was the third largest source of imports from Argentina in the same period, behind Brazil and China, totaling US $ 6.226 billion, according to official data.

Source link

You may also like

Leave a Comment

Este site usa cookies para melhorar a sua experiência. Presumimos que você concorda com isso, mas você pode optar por não participar se desejar Aceitar Leia Mais

Privacy & Cookies Policy

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.