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Trump to Welcome Argentina's President Milei as US Extends $20 Billion Lifeline

The U.S. pledged a $20 billion currency swap to stabilize Argentina’s peso and support President Milei’s economic reforms ahead of critical October elections.

  • President Donald Trump warned that the U.S. may withdraw assistance to Argentina if the country's elections do not favor Milei, whom he supports.
  • Milei expressed gratitude for U.S. support, declaring it vital for Argentina's future and economic recovery amidst rising inflation and unemployment.
  • Critics, including Elizabeth Warren and other Democratic lawmakers, have accused Trump of prioritizing foreign bailouts over American interests, describing the move as cronyism.
  • U.S. Treasury Secretary Scott Bessent claimed the assistance is vital for Milei's reform agenda despite concerns about its long-term effectiveness.
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222 Articles

Center

Analysis by Emiliano Giménez US President Donald Trump left no doubt: looking his Argentine counterpart, Javier Milei, in the eye, he told him that his country is conditioning its economic aid on an electoral victory for La Libertad Avanza. He said he likes Argentines, that he would like to visit their beaches, that he could consider a free trade agreement, and he even did not deny the possibility of supporting dollarization, but not without con…

·Idaho Falls, United States
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Lean Right

The US has no money, is in the shutdown. Finance Minister Bessent still announces a $20 billion injection for Argentina's President Milei. At a reception in the White House, he and Trump pour praise on each other.

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Lean Left

With chainsaws and anti-Woke rhetoric, Argentina's President Javier Milei has conquered the MAGA hearts. During his visit to Washington, he appears as a fan – and a petitioner.

·Germany
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Lean Right

The Chief of Staff, Guillermo Francos, said that Donald Trump's phrase seeks to underline that U.S. support is specifically for Javier Milei's government. In this way, he removed the focus of the electoral issue and the possible direct link between the results of October 26 and the help of the Republican government. "He said that the U.S. supports President Milei's government and will support him not only with the swap – which is already resolve…

·Buenos Aires, Argentina
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ADNSur broke the news in on Sunday, October 12, 2025.
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