Trump’s Hand in Argentina

New York Times - WorldCenter-LeftEN 7 min read 100% complete by Katrin BennholdOctober 29, 2025 at 05:34 AM

AI Summary

long article 7 min

In Argentina's recent legislative elections, President Javier Milei secured a victory amid economic challenges including stalled growth and currency weakness. Prior to the vote, U.S. President Donald Trump threatened to withdraw a $20 billion economic aid package unless Milei’s party won. This move aimed at influencing foreign elections through financial incentives is unprecedented in scale since World War II. The Trump administration also supported the Argentine peso with direct purchases worth around $1.5 billion and offered access to a currency swap facility. Experts note that overt intervention tactics like these are more common than covert operations, such as those associated with Russia.

Key Topics & Entities

The New York Times 40% Argentina ×1270% Javier Milei ×680% Donald Trump ×490%

Keywords

argentina 100% trump administration 90% $20 billion bailout 85% election interference 80% milei 75% austerity measures 65% legislative elections 60% currency swap 60% economic lifeline 55% anarcho-capitalist 45%