World Economy

Argentina Signals Trade Deal With US in Trouble

Argentina's government has indicated to the Trump administration that it lacks sufficient congressional support to ratify the bilateral trade agreement signed in February, according to officials familiar with the negotiations. President Javier Milei's advisers conveyed the message that ratification faces significant obstacles in the nation's legislature. The development marks an early setback for the administration's trade agenda in the Western Hemisphere. Argentina's inability to secure legislative backing could complicate broader economic cooperation and create uncertainty for businesses on both sides regarding tariff structures and market access. Officials have not indicated whether revised terms might improve prospects for passage or what timeline the government envisions for renewed negotiations.