Trump Conditions Victory of Milei's Party to Secure $20 Billion Support for Argentina

U.S. President Donald Trump confirmed that the $20 billion financial aid package for Argentina and continued American support are linked to the results of the upcoming parliamentary elections. This condition comes to determine whether the "Liberty Advance" party led by Javier Milei will win the midterm elections scheduled for October 26.

Trump's Statements

Trump said during his meeting with Milei at the White House: "If he loses, we will not be generous with Argentina, and we will be out of the game."

The aid package includes the purchase of Argentine pesos and a $20 billion currency swap framework to stabilize markets and support the struggling economy. The elections are seen as a political and economic test for Milei and his ability to implement his liberal reforms.

Economic Reactions

Trump's statement sparked widespread controversy in the markets, as the Argentine Merval index fell more than 4% after the meeting. Economists described the conditional support as a "lifeline made of lead," referring to its political and economic risks.

Political and Regional Dimensions

Trump praised Milei, describing him as "fully applying MAGA principles," noting that the support is not limited to the economy but seeks to strengthen ideological allies in the region and counter Chinese influence. He added: "If Argentina succeeds, other countries in South America will follow."

For his part, Milei confirmed his commitment to the shared economic and political directions with Trump, especially reducing public spending and trying to attract popular support in the face of high inflation. U.S. Treasury Secretary Scott Piesen explained that the goal of the American intervention is to build an economic bridge with allies and ensure cooperation with those who seek to do what is right, rather than using military force in the region.