Trump insisted that a recent $20 billion (€17 billion) assistance package to Argentina, which administration officials strenuously deny is a bailout, was about helping “our neighbours."View on euronew

That puts Mr Milei under extreme pressure to win. Though he has sharply reduced inflation and poverty since he came into office in late 2023, his party could easily get fewer votes than the Peronist opposition. A series of corruption scandals have alarmed voters. His dogmatic approach has alienated potential allies.

WASHINGTON (TNND) — The Trump administration is looking to double the aid to Argentina after both presidents met on Wednesday. Previously, President Donald Trump agreed to a $20 billion currency swap with Argentina’s central bank as the South American nation teeters on the edge of a financial crisis.