Trump Bets on Argentina Again After First-Term Bailout Blew Up

The article discusses Donald Trump's relationship with former Argentine President Mauricio Macri, and how Trump's administration provided a bailout for Argentina during Macri's term. In 2018, Trump decided to assist Macri, an old acquaintance from their real estate days, by providing a bailout for Argentina. This was the largest International Monetary Fund (IMF) bailout in history, amounting to $57 billion. However, the bailout ultimately failed to stabilize the Argentine economy, and Macri lost the 2019 election to Alberto Fernandez. The article suggests that Trump is now betting on Argentina again, potentially seeking to work with Fernandez's administration, despite the previous failed bailout. The article highlights the complex political and economic dynamics between the United States and Argentina, and the potential for renewed engagement between the two countries under the Biden administration.