The Story Is Trump trying to sway Argentina's election?
Oct 23, 2025
Stephen Gibbs, a contributor for The Times covering Latin America, dives into Trump’s surprising $20 billion offer to Argentina, tied to the midterm elections. He explores the U.S. motivation to back incumbent Javier Milei amid Argentina's economic crisis and hyperinflation. Gibbs sheds light on Milei's charismatic appeal and radical libertarian policies that won him votes. The discussion also touches on wider trends across South America as right-leaning politics gain traction, revealing how U.S. interests are guiding its intervention in the region.
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Conditional US Bailout For Political Ends
- Donald Trump offered a $20 billion lifeline to Argentina but tied it explicitly to Javier Milei staying in power.
- The offer frames US support as conditional political leverage rather than unconditional aid.
Milei's Rock-Star Persona
- Javier Milei styles himself as a rock-star politician and often performs at rallies, even crowd-surfing and singing.
- His persona and theatrical props, like a functioning chainsaw, fueled his rise to power.
Strategic Motive: Minerals And Geopolitics
- The US aims to keep hemispheric governments aligned with American interests and sees Argentina as strategically important.
- Access to Argentina's lithium and rare earths raises competition with China as a key motive.