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November 13, 2025international eventtrade policyfood pricesinternational tradetrade policyinternational relationseconomic policy

White House announces trade frameworks with Argentina, Ecuador, El Salvador, and Guatemala

The White House announced on November 13, 2025, framework trade agreements with Argentina, Ecuador, El Salvador, and Guatemala aimed at lowering grocery prices by reducing tariffs on specific food imports including coffee, bananas, and cocoa. The frameworks maintained overall US tariff rates of 10% on Argentina, Guatemala, and El Salvador and 15% on Ecuador, while removing duties on select goods. A senior administration official said the deals would be finalized within two weeks, though the frameworks were non-binding and required further negotiation.