South America

Trump's new tariffs put Argentina's Milei in US-China crossfire

A fresh round of US tariffs tied to Washington's trade war with Beijing threatens to complicate Argentina's investment climate, analysts say. President Javier Milei now faces pressure from both sides as the US-China rivalry intensifies.

Shipping containers stacked at a cargo port
Shipping containers stacked at a cargo portPhoto: NEHEMIAS GOMEZ FOTOGRAFIA / Pexels
Buenos Aires Herald4 h ago

A fresh wave of US tariffs, driven largely by Washington's escalating trade war with Beijing, is putting Argentina's President Javier Milei in an increasingly difficult position, analysts say.

Milei has staked much of his foreign policy on closer ties with Washington, aligning Argentina with the United States on trade and security matters since taking office. At the same time, China remains a critical economic partner, buying Argentine soy exports and providing currency-swap lines that have helped shore up the country's depleted reserves.

Experts warn that Washington's latest tariff push, part of a broader trade confrontation with Beijing, could complicate that balancing act and potentially harm investment flows into Argentina. How Milei's government responds is expected to be closely watched as the US-China rivalry shows few signs of easing.

TradeGeopoliticsSouth AmericaBuenos Aires Herald
This article is an AI-curated summary of the original story published by Buenos Aires Herald. The illustration is a stock photo by NEHEMIAS GOMEZ FOTOGRAFIA from Pexels and is not from the original story.

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