also suggested<\/a> that the US\u2019s economic support was contingent on Milei\u2019s continued success at the ballot box.<\/p>\n\u201cIf he does win, we\u2019re going to be very helpful,\u201d Trump said. \u201cAnd if he doesn\u2019t win, we\u2019re not going to waste our time, because you have somebody whose philosophy has no chance of making Argentina great again.\u201d<\/p>\n
Trump repeated the sentiment several times during Tuesday\u2019s meeting. \u201cIf he loses, we are not going to be generous with Argentina,\u201d he warned.<\/p>\n
But in his comments on Wednesday, Bessent appeared to walk back some of the implications of those statements.<\/p>\n
He clarified that the US would continue to support Argentina financially as long as President Milei\u2019s government pursues \u201cgood policies\u201d, regardless of the outcome of this month\u2019s election.<\/p>\n
The strong showing of US support this week unfolded on the sidelines of the annual meetings of the International Monetary Fund (IMF) and World Bank in Washington, DC.<\/p>\n
The IMF, which has its own multibillion-dollar loan programme with Buenos Aires, has supported the US\u2019s bilateral support for Argentina\u2019s economy.<\/p>\n
In a broadcast interview on Wednesday, Milei said he was confident of US financial support so long as he remains in office. He also pledged to maintain his libertarian agenda.<\/p>\n
\u201cWe continue to advance the ideas of freedom, so at least until 2027 we have that support assured,\u201d he said, according to the dubbed-over voiceover of an English interpreter.<\/p>\n
Milei, an economist, voiced hope that the midterm elections would increase his base to allow him to pursue his policies.<\/p>\n
\u201cI have no intention of changing course until the end of my term,\u201d he said. \u201cI am committed to the agenda of lowering taxes, deregulating and keeping the economy growing.\u201d<\/p>\n
Bessent said Milei would continue to enjoy US support for as long as he had a blocking veto on legislation in Argentina\u2019s Congress.<\/p>\n
\u201cIt is not election-specific. It is policy-specific,\u201d he said. \u201cSo as long as Argentina continues enacting good policy, they will have US support.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The additional boost, which comes on top of a $20bn currency swap, comes shortly before Argentina’s midterm elections.…\n","protected":false},"author":3,"featured_media":306320,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[2841,64,438,69,79,454,1612,50,80,67,132,68,72],"class_list":{"0":"post-306319","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-argentina","9":"tag-business","10":"tag-business-and-economy","11":"tag-donald-trump","12":"tag-economy","13":"tag-government","14":"tag-latin-america","15":"tag-news","16":"tag-politics","17":"tag-united-states","18":"tag-unitedstates","19":"tag-us","20":"tag-us-canada"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115380238690351078","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/306319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=306319"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/306319\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/306320"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=306319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=306319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=306319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}