A new trade agreement announced by the government of Daniel Noboa will allow for the liberalization of 53% of Ecuador's non-oil exports to the United States, following a tariff scheme that started at 10% in April and rose to 15% in August, before being reduced for some key products. The Dominican Republic also assumed a significant direct cost, paying around 400 million dollars in 10% tariffs, while maintaining the United States as its main export destination. Sectors such as fishing grew by over 11%, while products like coffee and flowers continue to lead sales, although nearly a third of their exportable offering remains taxed with no negotiations in progress for its elimination. Authorities are negotiating an agreement that would allow for the reduction of these tariffs and improve access to that market. In contrast, Argentina managed to cushion the impact of the 10% tariff through a strategy of political and commercial rapprochement with Washington. The government of President Javier Milei negotiated an agreement that foresees the elimination of tariffs for 1,675 products, although it is still pending ratification. Brazil was one of the countries most affected by Washington's trade policy, receiving an additional tariff of up to 50% that reduced its sales to the US market by about 1.5 billion dollars between August and December 2025. Mexico, despite being excluded from the so-called 'reciprocal' tariffs, faced strong pressure in strategic sectors, as Washington imposed a general 25% tariff on Mexican imports, although it later excluded 85% of the goods covered by the USMCA. Chile's effects have been lower thanks to the exclusion of key products like copper, although exporting sectors such as fruits (grapes, cherries, blueberries), salmon, and wood face higher costs and loss of competitiveness. Bolivia, however, has barely felt the tariffs due to its low exposure to the US market.
