Trump assures that Milei's victory "made him a lot of money for the US"
In the days leading up to the elections, Trump not only gave the Argentine his financial support, but also an explicit political and electoral message.
President Javier Milei's ultra-liberal party won the legislative elections in Argentina with more than 40% of the votes, and the echo of the victory reached the other side of the continent.
One of those who shared His approval was given by the President of the United States, Donald Trump, who declared that this victory in the legislative elections this Sunday made the US a lot of money.
“I think we have made a lot of money right now thanks to that election, because the bonds have gone up. The entire debt rating has improved. That election made the United States a lot of money,” Trump told reporters on Air Force One before arriving in Japan.
The president referred to the economic agreement between Washington and Buenos Aires with which the Trump Administration intends to inject liquidity in dollars into the Argentine economy to give it a boost.
A 'swap' line - an exchange of currencies that when executed is converted into debt - worth $20 billion was agreed upon with the US and they are working on another support instrument for the same value, which would increase the total financial support to the Latin American country to some $40 billion.
“I want to congratulate the winner. He was a big winner, and he had a lot of help from us. He had a lot of help. I gave him my support, very strong support. And it was really unexpected. to get that victory, since some thought it would be difficult to win. And not only did he win, but he did it by a wide margin. It was fantastic," Trump declared.
He's doing a wonderful job! Our confidence in him has been justified by the people of Argentina," Trump posted on his Truth Social social network, dedicating it to Milei, during his tour of Asia.
Beyond simply endorsing the candidate, Trump went so far as to condition aid to Argentina on Milei's victory in these elections.
The president also recognized the work of Treasury Secretary Scott Bessent, who personally negotiated financial aid with private institutions and highlighted his work with South American countries.
"We're supporting many countries in South America. We're focusing a lot on South America, and we're gaining a lot of influence in South America in many ways," he commented.