The US president has said a $20bn currency swap with Argentina depended on the success of Javier Milei’s coalition in the midterm race.
United States President Donald Trump has pledged to boost Argentina’s economy with a $20bn currency swap — but only if the South American country’s right-wing president prevails in the upcoming elections.
That president, the self-described anarcho-capitalist Javier Milei, was in Washington, DC, on Tuesday for his latest visit to the White House.
“We think he’s going to win. He should win. And if he does win, we’re going to be very helpful,” Trump said. “And if he doesn’t win, we’re not going to waste our time, because you have somebody whose philosophy has no chance of making Argentina great again.”
Since taking office in December 2023, Milei has made at least a dozen trips to the US, including to attend Trump’s second inauguration. The two leaders share a strong public bond.
But Milei’s latest meeting with Trump comes as his political coalition, La Libertad Avanza (Freedom Advances), faces a series of scandals heading into Argentina’s midterm elections on October 26.
Continue Reading on Al Jazeera
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.