US throws Argentina €17bn lifeline as Milei-Trump ties deepen
US throws Argentina €17bn lifeline as Milei-Trump ties deepen
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The US Treasury has provided Argentina with a $20 billion lifeline to stabilize its markets amid dwindling dollar reserves. Treasury Secretary Scott Bessent met with Argentine Economy Minister Luis Caputo to finalize the deal, which has faced criticism from US lawmakers and farmers. Argentine President Javier Milei praised the support, while critics argue it contradicts Trump's 'America First' agenda. The financial aid has led to a rise in Argentina's bonds and stock market, but concerns remain over the country's economic stability and Milei's austerity measures.
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