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The Trump administration on Thursday announced that it had reached trade frameworks with Argentina, Ecuador, El Salvador and Guatemala, to increase the ability of the US firms to sell industrial and agricultural products in these countries.

The White House also released statements on the frameworks, which have yet to be finalised and are expected to be signed within roughly two weeks. The development came in view of the effort by President Donald Trump to rewrite the rules of global commerce through the use of broad tariffs.

The frameworks touch on an array of subjects, including efforts to reduce non-tariff barriers and cut tariffs to 0% on American-made goods as well as commitments to not impose digital services taxes on US companies.

According to the reports,

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