After US Bailouts, Trump Takes Credit for Milei's Victory in Argentina Midterms
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After US Bailouts, Trump Takes Credit for Milei's Victory in Argentina Midterms
""Argentine voters would prefer Trump give them dollars for free than have another financial crisis," said a researcher."
""He was a big victor, and he had a lot of help from us," Trump said, referring to Milei. "He had a lot of help. I gave him an endorsement, a very strong endorsement.""
"The Trump administration last month initiated a $20 billion bailout for Argentina intended to stabilize the country's currency, which has seen its value plummet to dangerous lows over the last several months. In addition, Trump and Treasury Secretary Scott Bessent have orchestrated another $20 billion bailout with private funds to support the nation's beleaguered economy."
"According to BBC, Milei's La Libertad Avanza party on Sunday won 41% of the vote, helping it secure more than half of contested Senate seats and just under half of contested lower-house seats."
President Donald Trump took credit after Argentine President Javier Milei achieved major midterm gains following U.S. economic assistance and a public endorsement. Milei's La Libertad Avanza won 41% of the vote, securing more than half of contested Senate seats and nearly half of contested lower-house seats. The Trump administration initiated a $20 billion bailout to stabilize Argentina's plunging currency and coordinated an additional $20 billion in private funds. Milei intends to push a radical right-wing austerity agenda that had been blocked by opposition overturning his vetoes on funding for state universities, people with disabilities, and children's healthcare. A researcher noted Argentine voters prefer receiving dollars over experiencing another financial crisis.
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