Trump boosts Argentina's Milei with $20 bn economic lifeline as US buys pesos
The US has stepped in to bolster Argentina's floundering economy, with Treasury Secretary Scott Bessent on Thursday announcing a $20 billion economic support package and the purchase of Argentine pesos aimed at stabilising the South American nation’s volatile markets. Argentine President Javier Milei, a staunch ally of Donald Trump, hailed the US president's "vision and powerful leadership" for the deal.
The US has stepped in to bolster Argentina's floundering economy, with Treasury Secretary Scott Bessent on Thursday announcing a $20 billion economic support package and the purchase of Argentine pesos aimed at stabilising the South American nation’s volatile markets. Argentine President Javier Milei, a staunch ally of Donald Trump, hailed the US president's "vision and powerful leadership" for the deal.
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