US Edition
Trump says Argentina assistance dependent on election results for ally Milei
- U.S. President Donald Trump offered Argentina a $20 billion rescue package, which includes an open-ended line of credit and potential debt bond purchases, aiming to stabilize its economy amid political turmoil.
- Country risk in Argentina fell from 1,500 points to 900, and the dollar stabilized at 1,350 pesos after the announcement, indicating improved investor confidence.
- Trump endorsed Argentine President Javier Milei, stating he is a 'truly fantastic and powerful leader,' but warned that financial aid depends on Milei's political support for his austerity plan.
- The White House stated no aid will be provided unless Milei secures political support for his austerity plan.
103 Articles
103 Articles
Trump sends stern warning about future US economic aid to Argentina
US President Donald Trump said on Tuesday that his country's help to Argentina hinged on Javier Milei's La Libertad Avanza (LLA) winning the upcoming midterms, followed by reelection in 2027. Trump stressed that the upcoming elections were "very important" and "being watched by the world."
By Mauricio Torres and Germán Padinger, CNN en Español The friendship is clear but not unconditional. That could be the summary of the message US President Donald Trump gave his Argentine counterpart, Javier Milei, on Tuesday during a meeting they and their teams held at the White House, days after Washington announced a $20 billion swap to aid the Argentine economy. After receiving Milei at the White House and calling him "a great leader," Trum…
Trump says bailout to Argentina contingent on his political ally Milei remaining in power
If President Donald Trump is worried the $20 billion economic lifeline he’s sending to Argentina in the middle of a US government shutdown might cause him political headaches, he didn’t show it Tuesday.
Trump Says $20 Billion Aid for Argentina Depends on a Milei Election Victory
President Donald Trump says U.S. financial assistance for Argentina depends on the South American nation’s election outcome this month. Trump endorsed Argentinian President Javier Milei on Oct. 14, backing the anti-establishment libertarian leader amid Argentina’s deepening financial troubles. The two met at the White House as Milei seeks international support for his sweeping economic reforms. Their meeting comes just weeks before Argentina’s p…
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