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  • 3 months ago
The U.S. is urging Argentina to limit China’s influence as Washington negotiates a $40B aid plan. Talks focus on restricting Chinese access to critical minerals and boosting U.S. investment in telecom and infrastructure.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02The Trump administration is pressing Argentina to curb China's influence as the U.S. and Wall Street
00:06banks work on a $40 billion lifeline for Buenos Aires, according to The Wall Street Journal.
00:11Treasury Secretary Scott Besson and Argentina's Economic Minister Luis Caputo have discussed
00:16restricting China's access to critical minerals and expanding U.S. access to uranium. Talks also
00:21aim to steer Argentina toward U.S. companies in telecom and infrastructure. China is Argentina's
00:27second-largest trading partner and key buyer of its agricultural exports. President Javier
00:31Malay, basic inflation, tricking reserves, and debt payments has sought closer U.S. ties.
00:37Washington's aid deal includes a $20 billion treasury swap and a petting $20 billion bank
00:41facility. China's embassy called the U.S. stands Cold War mentality, while Malay denied plans
00:46to sever China ties. For all things money, visit Benzinga.com.
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