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Trump boosts Argentina's Milei with $20 bn economic lifeline as US buys pesos
The United States has stepped in to bolster Argentina's floundering economy, with Treasury Secretary Scott Bessent announcing Thursday a $20 billion economic support package and the purchase of Argentine pesos aimed at stabilising the South American nation’s volatile markets. Argentine President Javier Milei, a staunch ally of Donald Trump, hailed the initiative and praised the US president for his "vision and powerful leadership" in facilitating the deal.
The United States has stepped in to bolster Argentina's floundering economy, with Treasury Secretary Scott Bessent announcing Thursday a $20 billion economic support package and the purchase of Argentine pesos aimed at stabilising the South American nation’s volatile markets. Argentine President Javier Milei, a staunch ally of Donald Trump, hailed the initiative and praised the US president for his "vision and powerful leadership" in facilitating the deal.
