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White House Lifts IEEPA Reciprocal Tariffs on certain CAFTA-DR Qualifying Products from Guatemala & El Salvador The White House published separate Joint Statements on Frameworks for Agreements on Reciprocal Trade on November 13, with Argentina, Ecuador, El Salvador, and Guatemala. Each outlines the key elements of the different Frameworks, including country-specific concessions given to the U.S., modifications to IEEPA reciprocal tariffs, and potential changes to Section 232 tariffs. A firm timeline for finalization and implementation of each agreement was not provided, but sources suggest they may emerge in the next couple weeks. Similarly, none of the Joint Statements included specific product lists of impacted HTS subheadings. Click below to read a story on this development from Reuters. Read More
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