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Trump boosts Argentina's Milei with $20 bn economic lifeline as US buys pesos

• Oct 9, 2025, 8:47 PM
1 min de lecture
The US has stepped in to bolster Argentina's floundering economy, with Treasury Secretary Scott Bessent on Thursday announcing 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 US president's "vision and powerful leadership" for the deal.