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2h ago

Milei Meets Trump in New York as U.S. Signals Financial Backing for Argentina

Markets rallied after Washington said all stabilization options were on the table.

Javier Milei se reunirá con Donald Trump.
Guillermo Francos recibió a congresistas de Estados Unidos.
El costo fiscal de la medida no pone en juego el equilibrio de las cuentas públicas, pero puede llevar a incumplimientos con el FMI
El Gobierno apunta a que la quita de estas retenciones promueva mayores niveles de apertura comercial y libertad económica

Overview

  • U.S. Treasury Secretary Scott Bessent called Argentina a systemically important ally and said support would be provided within the mandate, citing potential swaps, direct FX purchases and Exchange Stabilization Fund bond operations.
  • Javier Milei arrived in New York for a bilateral with President Donald Trump and a meeting with IMF chief Kristalina Georgieva, accompanied by Economy Minister Luis Caputo, Foreign Minister Gerardo Werthein, Defense Minister Luis Petri, Karina Milei and spokesman Manuel Adorni.
  • Argentina suspended export duties on all grains and on bovine and poultry meat through October 31 under Decree 682/2025, with an announced liquidation cap of up to US$7 billion to speed dollar inflows into reserves.
  • Financial indicators rebounded after the U.S. signal and the tax move, with the dollar easing, Argentine bonds rising as much as 18% and country risk retreating to roughly 1,100 points.
  • Buenos Aires denies talks for a US$30 billion loan as the government seeks a short‑term bridge to cover 2025 external payments estimated around US$3.3–3.5 billion, with the size and conditions of any U.S. assistance still undetermined.