Trump, Argentina
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If President Donald Trump is worried the $20 billion economic lifeline he’s sending to Argentina in the middle of a US government shutdown might cause him political headaches, he didn’t show it Tuesday.
The U.S. recently said it purchased Argentine pesos and wrapped up the framework for a $20 billion currency swap with the cash-strapped country’s central bank.
For Trump, the leader of Argentina is more important than American families struggling with rising costs for health care,” the Democratic senator will say.
President Donald Trump doubled down on his plan to carry out a $20 billion currency swap with Argentina during a bilateral lunch with the South American leader.
Trump Administration Live Updates: President Ties Economic Support for Argentina to Coming Elections
President Trump wrote on Truth Social that China was “purposefully not buying our Soybeans,” calling it an “Economically Hostile Act,” and that the U.S. was considering terminating cooking oil imports from China, as well as potentially other business, as retribution. The United States “can easily produce Cooking Oil ourselves,” he said.
Get the latest Trump administration news as the government shutdown continues. House Speaker Mike Johnson said this could become the longest shutdown in U.S. history.