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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.
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Argentine markets cheer new US aid, but Trump threat sparks anger

Argentine stocks surged Wednesday on a new US promise of aid for embattled President Javier Milei, despite Donald Trump conditioning the assistance on his ally winning upcoming midterm elections.

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realpolitik.com.ar broke the news in on Monday, September 29, 2025.
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