As Trump Clings to Tariffs, His Argentine Ally Is Opening Up to Trade

New York Times - World Economic ImpactNews ReportEN 7 min read 100% complete by Emma Bubola, Lucía Cholakian and Sarah PabstDecember 22, 2025 at 11:00 AM

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long article 7 min

Argentine President Javier Milei is implementing free-trade policies, a contrast to his political ally, former U.S. President Donald Trump's protectionist tariffs. Milei is reducing trade barriers that previously shielded Argentina's domestic industries. This shift has allowed foreign companies like Decathlon to open stores in Argentina, providing access to goods previously difficult to obtain. While consumers welcome the increased availability of international products, some Argentine producers are experiencing declining sales and business closures. Milei's policies mark a significant change in Argentina's economic direction, integrating it more closely with the global market.

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Key Claims (5)

AI-Extracted

"We are getting closer to the world,"

quote — Marcelo Monje100% confidence

Decathlon opened its first location in Argentina after President Javier Milei’s policies made importing foreign goods easier.

factual100% confidence

Since taking office two years ago, Mr. Milei has begun to roll back some barriers to commerce.

factual90% confidence

President Javier Milei is eliminating barriers to what had been a closed-off economy.

factual90% confidence

Amid the international onslaught, Argentine producers have seen their sales drop and many local businesses have closed.

factual80% confidence

Claims are automatically extracted and should be independently verified. Attribution indicates the stated source of the claim.

Key Entities & Roles

Key Player Opposition Context

France 35% Fernanda Pedre 40% Marcelo Monje 40% Buenos Aires ×270% Decathlon ×475% Donald Trump ×280% Javier Milei ×490% Argentina ×495%

Keywords

trade liberalization 90% javier milei 90% argentina 90% tariffs 80% free-trade capitalism 70% donald trump 70% foreign goods 70% trade barriers 60% importing 50% global consumption 50%