Overview

• At the White House with President Javier Milei, President Trump said further U.S. approvals would depend on who wins the Oct. 26 parliamentary vote.
• Argentina has already secured a U.S. commitment of $20 billion intended to support the peso.
• Milei blamed political opponents for Argentina’s liquidity problems during his Washington visit.
• Partial legislative elections on Oct. 26 could modestly increase Milei’s seats, though his party remains short of a majority.
• Milei’s austerity delivered the first budget surplus in 14 years and lower inflation, but markets remain pressured, the peso weakened after a Sept. 7 provincial loss, protests persist, and a corruption affair involving his sister clouds his presidency.