October 14, 2025
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0:45Now PlayingDonald Trump is expected to announce a $20 billion lifeline to help Argentine leader Javier Milei, who is in dire need of cash and facing midterm elections on Oct. 26.
At a Tuesday meeting with his counterpart Javier Milei, the US president is expected to formally announce a $20 billion lifeline designed to help his ally win midterm elections on Oct. 26. Last week, the US Treasury even started buying the beleaguered Argentine peso — now trading in the neighborhood of 1,350 per dollar, a stratospheric drop from the 2018 exchange rate of around 25.
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