President Donald Trump announced a series of breakthrough reciprocal trade deals on Thursday with the U.S.-friendly Latin American countries of El Salvador, Argentina, Ecuador, and Guatemala.
The deals grant streamlined access to U.S. products in those countries’ respective markets — particularly for farmers, ranchers, fishermen, small businesses, and manufacturers — in return for tariff exceptions on some imports.
With El Salvador, the White House detailed that the new deal builds upon the United States’ existing trade relationship with the Central American country. As part of the deal, the administration of President Nayib Bukele will facilitate trade, addressing non-tariff barriers and streamlining regulatory requirements for U.S. exports such as pharmaceutical products and medical devices.
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