US EditionTrump says he doesn’t think Argentina needs a bailout, but US will help
The US will back Argentina’s economic stabilization efforts without a bailout, with market confidence rising as the peso strengthened nearly 5%, officials said.
- President Donald Trump stated he does not believe Argentina needs a bailout, although options for financial help are being discussed during a meeting with President Javier Milei.
- Argentina faces economic challenges including fears of recession and peso devaluation, affecting President Milei’s support, which critics claim influences Trump's decisions.
- Treasury Secretary Scott Bessent mentioned that possible stabilization options for Argentina, like currency purchases, are being considered to assist in stabilization efforts.
- Senator Elizabeth Warren expressed concern over U.S. funds being used for foreign currency intervention, questioning its benefits for the Argentinian people compared to hedge fund investors.
14 Articles
14 Articles
The influential U.S. newspaper specializing in finance published an analysis where it warns about the risk the country faces in the face of exchange runs, following the request for assistance to the U.S. government
Trump Backs Milei’s Re-election and Lends Financial Muscle to Argentina
On September 22, President Trump declared his full backing for Argentina’s Javier Milei and pledged U.S. support to stabilize the economy without calling it a bailout. Milei cut spending sharply and removed subsidies, bringing inflation down from about 26 percent to under 2 percent by August 2025 while unemployment rose from 5.7 to 7.6 percent. […]
Donald Trump's backlash to Javier Milei, when the ultra-government of Argentina was zobrating, sounded as a sign of departure. After both presidents met this Tuesday in New York and the Republican ratified US aid to stabilize the economy of the South American country, both the World Bank (BM) and the Inter-American Development Bank (IDB) announced that they will deepen the sending of funds to Buenos Aires. Although these are previously committed…
Associated Press News
abc NewsTrump says he doesn't think Argentina needs a bailout, but US will help
President Donald Trump has stopped short of promising a financial bailout for Argentina. He met Tuesday with Argentine President Javier Milei and Treasury Secretary Scott Bessent at the United Nations General Assembly in New York.
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