Guatemala Reaches Historic Trade Agreement with the United States: Over 70% of Exports with Zero Tariffs
Guatemala and the U.S. reach a historic reciprocal tariffs agreement that removes duties on over 70% of Guatemalan exports, boosting trade and economic growth.
Tariffs took center stage this week after the White House released the Joint Statement on the Framework Agreement for Reciprocal Trade between the United States and Guatemala.
Following this announcement, the Government of Guatemala confirmed that both nations have finalized a historic accord eliminating duties on the majority of Guatemalan exports to the U.S., marking a major shift in bilateral trade relations.
A Landmark Deal: Over 70% of Guatemalan Exports Will Enter Duty-Free
According to the Guatemalan government, the agreement removes U.S. tariffs on Guatemalan products that cannot be grown, extracted, or produced in sufficient quantities within the United States, as well as on specific goods originating under CAFTA-DR.
This change means that more than 70% of Guatemala’s exports to the U.S. will now face zero tariffs. Of the remaining 30%, most goods will be subject to a 10% tariff, the minimum rate applied to other countries globally.
The reciprocal tariff framework will apply to a wide range of sectors, including:
- Agricultural products
- Non-agricultural and manufactured goods
- Apparel and textile products
The full list of items covered will be made public once the agreement is formally signed.
Leadership Behind the Negotiations
The government emphasized that the accord is the result of extensive technical and political work led by President Bernardo Arévalo, Minister of Economy Gabriela García, and her team in close coordination with U.S. authorities.
Other ministries and government institutions also contributed throughout the process, supporting the president and the Ministry of Economy from the outset.
Next Steps Toward Implementation
In the coming weeks, both governments will convene to proceed with the official signing of the agreement and carry out the administrative steps required for it to enter into force.
Guatemala's Government stated that it will continue working to promote economic growth, reduce non-tariff barriers, and facilitate trade and investment. Officials reiterated their commitment to building a more prosperous country, noting that:
“The work accomplished, along with ongoing efforts, will pave the way for a Guatemala of well-being for all. Because the Dignified People Come First.”
