World9/22/2025BBC

US ready to help with Argentina's fiscal turmoil

US ready to help with Argentina's fiscal turmoil

The US Treasury Secretary, Scott Bessent, has offered a pledge of support to Javier Milei, a Donald Trump ally, in addressing Argentina's fiscal turmoil. This comes at a time when Argentina is facing significant economic challenges, including high inflation and debt burdens. Bessent's offer of assistance suggests the US government's willingness to engage with Milei, who has emerged as a prominent political figure in Argentina. The details of the support are not yet clear, but it is likely to involve financial aid, technical advice, or other forms of economic cooperation. The move is seen as a strategic gesture by the US to strengthen its ties with Argentina and potentially influence the country's economic policies. It also highlights the ongoing geopolitical dynamics between the US and Argentina, as well as the broader context of the Trump administration's global influence.

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