Name: White House releases trade framework with Latin American nations
Uploaded: 2025-11-14T02:08:34.484Z
Duration: 1 min 48 s
Description: The White House has published fresh details of its trade framework with Ecuador, El Salvador and Guatemala, outlining updated cooperation on supply chains, customs, agriculture and investment. CNBC’s Eamon Javers reports the agreements are part of a broader effort to deepen economic ties and strengthen regional stability.

The White House has published fresh details of its trade framework with Ecuador, El Salvador and Guatemala, outlining updated cooperation on supply chains, customs, agriculture and investment. CNBC’s Eamon Javers reports the agreements are part of a broader effort to deepen economic ties and strengthen regional stability.

Washington

The White House has released details of new trade framework agreements with Argentina, Guatemala, and Ecuador. The agreements include the removal of certain reciprocal tariffs, particularly on Argentine products, and improved market access for beef between the United States and Argentina. 

Ecuador's agreement involves the establishment of tariff rate quotas on agricultural goods, while the Guatemala agreement focuses on commodities such as coffee. These deals are part of a broader effort to address affordability issues in the United States by reducing tariffs on products not produced domestically, such as coffee and bananas.

White House releases trade framework with Latin American nations

Washington, the White House announcing progress on trade talks with several countries. Our Eamon Javers has the story. Eamon. John, that's right. The White House posting these details just within the past few moments on their website. We expect to get some more details here in just a couple of minutes' time from White House officials. But what I can tell you is they're posting trade agreements with Argentina, Guatemala and Ecuador. The Argentine agreement is interesting. Obviously, there's been a political alliance between the Trump administration and the current Argentine government. In this case, they're calling it a framework agreement between the United States and Argentina in which the United States is going to remove the reciprocal tariffs on certain products coming from Argentina. Remember, those tariffs had been at 10 percent baseline level. That goes away, at least in many cases. And we're just reviewing the details here now. And they say, furthermore, the countries have committed to improved reciprocal bilateral market access conditions for trade in beef. For Ecuador, they're also calling that a framework agreement. They're saying that Ecuador intends to establish tariff rate quotas on a number of agricultural goods. And for Guatemala, similarly, they're calling this a framework agreement between the two countries. Remember, Guatemala, obviously a large producer of coffee. You heard the president and some of his top officials talking this week about the need to remove tariffs on countries that produce commodities that Americans can't, such as coffee and bananas and others, in an effort to get prices down on all of those. So that kind of dovetails with this affordability issue that's been in the news here in Washington over the past two weeks. But interesting one here on Argentina, focused on a lot of goods, but also beef, Guatemala on coffee, and then also Ecuador.

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