Trump Warns U.S. 'Won’t Be Generous' If Argentine President Milei Loses Upcoming Election

Benzinga

Trump linked $20B in U.S. aid to Argentina’s October 26 election, warning support hinges on President Milei’s victory. The move follows a U.S.-Argentina currency swap aimed at stabilizing markets and countering China’s regional influence.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02President Trump tied a $20 billion U.S. aid package for Argentina to President Javier

00:06Malay's success in the October 26 midterm elections, according to the Wall Street Journal.

00:11President Trump said U.S. support for Argentina depends on Malay winning the upcoming election

00:15and won't be generous if Malay loses. Trump's comments followed a $20 billion U.S. currency

00:20swap with Argentina's central bank to stabilize its economy and markets.

00:25U.S. and Argentina officials said the deal aims to strengthen pro-U.S. allies in South

00:29America and counter China's influence in the region.

00:32Malay, an anarcho-capitalist and former TV pundit, rose to power in 2023 by campaigning

00:38to slash public spending amid triple-digit inflation.

00:41Malay's rise on Trump, adopting his slogan and earning Trump's praise for running as Trump.

00:46For all things money, visit Benzinga.com.

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