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Trump threatens to cut US aid to Argentina if Milei loses election (www.theguardian.com)

submitted 1 week ago by Powderhorn@beehaw.org to c/politics@beehaw.org

4 comments fedilink hide all child comments

Donald Trump has warned he could cut financial aid to Argentina if his ally Javier Milei loses crucial legislative elections later this month.

“If he loses, we are not going to be generous with Argentina,” the US president said as Milei visited the White House to seek the Republican’s political and economic support. “I’m with this man because his philosophy is correct. And he may win and he may not win – I think he’s going to win. And if he wins we are staying with him, and if he doesn’t win we are gone.”

Trump’s administration has already promised $20bn to prop up Argentina’s struggling economy but his backing has failed to calm the markets – or help Milei’s polling before midterms on 26 October.

The results of the elections, in which Milei’s minority party is hoping to boost its seat tally, will dictate whether he can pass tough cost-cutting reforms or will face a legislative brick wall for the next two years of his term.

That's great optics. Nothing has ever gone wrong with the U.S. meddling in Latin America.

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[–] Greg@lemmy.ca 6 points 1 week ago

We need to stop falling for this. This isn't news. Who cares what TACO Trump says he'll do?

[–] megopie@beehaw.org 4 points 1 week ago (1 children)

Lmao without milei trying to do super ultra neoliberalism, they wouldn’t fucking need the cash.

Just one more public funding cut, just one more tax cut, just one more deregulation, just one more batch of foreign investment, then the economy will be fixed guys, we promise. Just let the rich rob society a bit more and everything will get better.

[–] Powderhorn@beehaw.org 4 points 1 week ago

Sounds like "one more lane, bro" on steroids.

[–] ElectricAirship@lemmy.dbzer0.com 4 points 1 week ago

Trump trying to sway voters to vote right.