Argentina's Milei Heads to the US Again, Balancing Trump Ties with Growing China Trade
Milei attends Trump’s inaugural Board of Peace session amid rising trade with China, which surpassed Brazil as Argentina’s top trading partner last December, official data shows.
- On Wednesday, Argentina's President Javier Milei set off for his 14th trip to the United States to attend the inaugural session of U.S. President Donald Trump's Board of Peace initiative as Trump seeks to counter Chinese influence in Latin America.
- Milei's domestic reforms, including tariff removals and public-works budget cuts, have increased foreign competition, while Washington offered $20 billion in financial relief amid market turmoil.
- Chinese companies and projects from lithium to energy and a space facility signal deep economic ties, with Argentina's exports to China surging 125% last December and imports rising 26%.
- Argentine manufacturers say high tax burdens and foreign competition have squeezed local industry as Fate, Argentine tire manufacturer, shut down Wednesday, laying off more than 900 workers citing `changes in market conditions`, while Argentina's ministry of labor ordered a 15-day suspension of layoffs.
- The U.S. is pressing regional influence through what it terms a modern-day Monroe Doctrine; shortly after the bailout, Scott Bessent said Milei was `committed to getting China out`, yet analysts note Argentina still depends on China.
22 Articles
22 Articles
Argentina's Milei heads to the US again, balancing Trump ties with growing China trade
Argentina’s President Javier Milei deepens ties with U.S. President Donald Trump while trying to avoid a break with China, Argentina’s top trading partner.
Javier Milei will have three US-labeled appointments in less than a month: the inaugural session of the Board of Peace in Washington this Thursday, a summit of Latin American leaders convened by Donald Trump in Miami for March 7 and a key meeting with investors in Argentina Week in New York between March 9 and 11. Of the three, the first has, a priori, less direct implications for Argentina: the focus goes through Gaza and participation responds…
Buenos Aires, 19 February (NA) – U.S. President Donald Trump praised President Javier Milei by showing him his “support” at the first meeting of the Peace Board that took place in Washington. “You know, I have had a very good record supporting candidates within the U.S., but now I support foreign leaders, including Viktor Orban, who is here, and others. And I support this gentleman, Milei,” he said in a message that the Argentine News Agency agr…
With these meetings, Milei will gather seven meetings with Trump, equaling Israel's prize, Benjamin Netanyahu
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