Trump Congratulates Milei: A Great Victory for the Argentine Economy

Trump's Support Message to Javier Milei

U.S. President Donald Trump made important statements following the significant victory of Argentinian President Javier Milei's political party in the midterm elections held on Sunday. Trump stated that this outcome proves how correct the strong financial support provided to the U.S. ally in South America was.

Milei's Victory Means Economic Revitalization

On Monday, Trump commented to reporters aboard Air Force One regarding Milei’s party's efforts to revitalize Argentina’s economy, which has been struggling for a long time, stating, “This was a tremendous victory.” He emphasized that Milei not only won but also did so by a large margin.

Financial Support and Rising Market Expectations

Trump noted the significance of the $20 billion swap agreement signed last week between the Argentinian Central Bank and the U.S. Department of Commerce, stating, “Bond prices have risen, and credit ratings have improved.”

Positive Expectations for Future U.S. Investments

U.S. Treasury Secretary Scot Bessent referred to Milei, stating that the Argentinian market can now stand on its own. He also mentioned that Argentina has a refinancing plan for the upcoming year, and this process is expected to bring significant gains for the Argentinian people.