The recent endorsement of donald trump to a free trade agreement with Argentina has generated a great stir in the political and economic sphere. The spokesperson for the president-elect of the United States, Taylor Rogers, confirmed Trump’s interest in advancing a Free Trade Agreement (FTA) with Argentina, highlighting that this agreement would mutually benefit both countries through capitalism and free trade.
The Argentine president, Javier Mileihas stated on several occasions that one of the pillars of his international agenda is the signing of an FTA with the United States. This agreement, according to Milei, could break the stability of Mercosur, which is already in advanced negotiations to close a similar agreement with the European Union (EU).
However, Milei considers that an FTA with the United States is crucial to revitalize the Argentine economy and strengthen bilateral relations. Taylor Rogers, transition spokesperson for the new North American president, stressed that Trump will seek to seal an agreement like the one proposed by Milei to “mutually benefit the United States and Argentina through capitalism and free trade.”
Rogers also noted that foreign leaders like Milei are reaching out to Trump because they recognize that his “America First” policies are brilliant and will restore America’s dominance on the world stage.
Progress towards an FTA with the United States could generate tensions within Mercosur, since this regional bloc is in advanced negotiations to close an agreement with the EU. Milei’s stance in favor of free trade and capitalism contrasts with traditional Mercosur approaches, which could lead to a reconfiguration of trade relations in the region.
In addition to the FTA, President Milei also seeks to close a new agreement with the International Monetary Fund (IMF). The negotiations, led by the Minister of Economy, Luis Caputo, could be defined during the first quarter of next year.
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Julie Kozack, vice president of the IMF, confirmed that the organization and the Argentine authorities have already begun formal talks to establish a new financial program. Trump’s support for the FTA with Argentina has been well received by some sectors, who see this agreement as an opportunity to boost economic growth and strengthen bilateral relations.
However, it has also generated criticism and concerns about the impact it could have on Mercosur and the Argentine economy. The president Milei He is confident that Trump’s support will be decisive in finalizing this key agreement for Argentina.
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