U.S.-Argentina Trade Deal Faces Congressional Roadblock and Renegotiation Demands Following Supreme Court Ruling
A proposed bilateral trade agreement between the United States and Argentina is at risk of stalling due to a congressional roadblock in Argentina and demands for renegotiation from President Javier Milei's administration. Argentina has reportedly informed the Trump administration that it lacks the necessary votes in its Congress to ratify the deal, which was signed in February 2026. The primary reason for Argentina's request for renegotiation stems from a U.S. Supreme Court ruling on February 20, which invalidated the presidential authority used to impose tariffs under the International Emergency Economic Powers Act (IEEPA). This decision has altered the legal and commercial assumptions underpinning the trade agreement, making its terms less favorable for Argentina. The U.S. Customs and Border Protection is currently implementing a phased refund process for affected importers, further complicating the operational aftermath of the ruling. The Trump administration, however, is reportedly resisting reopening ...
