Trump says Argentina assistance dependent on election results for ally Milei
Trump warned that $20 billion in U.S. aid hinges on Milei's coalition winning midterms to pass reforms amid Argentina's economic crisis, Treasury officials said.
- The U.S. has proposed a $20 billion assistance package to Argentina, contingent on the outcomes of the upcoming legislative elections for President Javier Milei's allies, according to U.S. Treasury Secretary Scott Bessent.
- Calm returned to Argentina after its country risk index significantly dropped from 1,500 to 900 points, stabilizing the dollar value.
- U.S. President Donald Trump stated that financial assistance to Argentina is dependent on the outcomes of the legislative elections on October 26, emphasizing no funds will flow if Milei does not prevail.
- Trump praised Milei as a capable leader but warned that no U.S. financial aid would be given if his allies lose power, stating, 'If he loses, we are not going to be generous with Argentina.
318 Articles
318 Articles
Trump Warning: Aid to Argentina at Risk if Milei Loses Elections
President Donald Trump has threatened to cut U.S. financial support to Argentina if President Javier Milei loses upcoming legislative elections. Speaking from the White House, Trump said American taxpayers would not fund a government led by “far-left” forces and praised Milei’s free-market reforms. The warning follows a $20 billion (€17.2 billion) aid package which the administration insists is not a bailout but support for Argentina’s neighbour…
Trump ties $20B Argentina bailout to Milei votes
What happenedPresident Donald Trump Tuesday explicitly tied his $20 billion bailout for Argentina to upcoming elections in the South American country. If President Javier Milei’s party loses ground in the Oct. 26 midterms, “we are not going to be generous with Argentina,” Trump told reporters at the White House with his ally Milei seated nearby. “If he doesn’t win, we’re gone.”Who said whatTrump made the “highly unusual decision to intervene in …
What We’re Watching: Trump makes conditional pledge to Argentina’s Milei, & More
Trump pledges money to Argentina – if Milei’s party wins midtermUS President Donald Trump appeared to hand Argentine President Javier Milei a financial lifeline ahead of the South American nation’s midterm election later this month, pledging to grant the long-suffering economy a $20-billion bailout. But, the US leader added, “If he loses, we are not going to be generous with Argentina.” Trump denied that he was seeking to boost Milei ahead of th…
Trump Conditions $20 Billion Bailout to Argentina on Milei’s Party Winning Elections
Amid the government shutdown that has furloughed and fired tens of thousands of workers here in the U.S., President Trump has offered a $20 billion bailout for Argentina. Earlier this year, Argentina’s far-right President Javier Milei attended the conservative CPAC conference in the U.S., where he gifted billionaire Elon Musk a chainsaw. On Tuesday, Trump hosted Milei at the White House and conditioned Argentina’s bailout funds on Milei’s party …
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