The White House announced this Thursday (November 13, 2025) that the United States has signed trade agreements with Argentina, Ecuador, El Salvador, and Guatemala. This is the latest in a series of deals reached since President Donald Trump launched the tariff war.
In four separate statements posted on its website, the White House announced that the four countries had agreed to open their markets to American products in exchange for lower tariffs on exports to the United States, including agricultural exports.
As a result, the prices of products such as bananas and coffee could fall in the U.S. market as consumers dissatisfied with the rising cost of living since Trump took office as president for a second term.
“We believe these agreements will help achieve balanced trade, reciprocity, and reduce long-standing deficits,” a senior U.S. official told reporters.
“Our hope is that there will be some positive effect on the prices of products such as coffee, cocoa and bananas.”
Tariffs will be “reduced”
The official said the 10% general tariff on products from Guatemala, El Salvador and Argentina and the 15% tariff on products from Ecuador would “remain unchanged,” but that certain items would be “reduced.”
In recent months, President Trump has imposed additional tariffs of 10% or 15% on Latin American countries as part of a new U.S. trade policy.
Immediately after the announcement, Argentina’s Foreign Minister Pablo Quirno told X magazine that the deal “creates conditions for increased U.S. investment in Argentina, includes lower tariffs on key industries, and increases bilateral trade between the two countries.”
A joint statement between El Salvador and Washington, also released by Salvadoran President Nayib Boucle, said the deal “strengthens and expands our long-standing economic relationship,” written next to the word “friends” in the X newspaper.
“After months of hard work and frank dialogue with the U.S. government, our country has become one of the first countries in the world to reach an agreement to reduce and eliminate tariffs,” said Guatemalan President Bernardo Arevalo.
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