Nothing in the past week was big enough to interrupt this column’s mission of detailed analysis of last month’s midterms. A trade agreement with the United States is potentially momentous but quite apart from nothing being signed with the fine print yet to come (if it ever does since chaos and confusion would seem to be Donald Trump’s modus operandi with all this year’s U-turns in tariff policy) this initiative does not seem especially centred on Argentina – lumped together with Ecuador, El Salvador and Guatemala alongside parallel negotiations with Britain, European Union, Asian Pacific and other countries, Trump would seem to be making a gesture towards freeing trade in response to domestic inflation worries plus his β€œtaxation without representation” facing judicial challenge.

There were far more recent elections on the other side of the Andes but their outcome must await the mid-December run-off, which looks decidedly more tilted than its 2023 c

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