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Rightwinger comes up Trump's after $40bn bailout from US president helps to sway voters

The Guardian

|

October 28, 2025

"The dollar always talks in the end," Donald Trump wrote in his 1987 bestseller The Art of the Deal.

- Tom Phillips

Javier Milei’s surprise triumph in Argentina’s midterm elections - after Trump bailed him out with 40bn of them - suggests there may be some truth to that.

The US president had vowed to jettison his South American ally if, as widely predicted, the radical libertarian fared badly in Sunday’s make-or-break legislative vote. “If he doesn’t win, we’re gone,” Trump declared when Argentina’s shaggy-haired president visited him in Washington earlier this month to plead for economic help.

Milei’s political woes have been building, with public frustration over Argentina’s sluggish economy translating into market jitters and a pasting in Buenos Aires’s provincial elections last month. Trump stepped in after that humiliating result, offering a $20bn (£15bn) currency swap deal and a further $20bn in support for an economy he claimed was “dying”.

Milei’s opponents accused Trump of flagrantly meddling in Argentina's electoral process with his explicit message to voters.

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