President Donald Trump has approved $20 billion in bailout for Argentina, a country on the brink of economic crisis. Trump likes Milei's policies.

A meeting between President Donald Trump and Argentina’s Javier Milei comes amid a deepening financial crisis in Washington’s South American ally which is receiving a multi-billion-dollar bailout.

Financial assistance by US President attempts to stabilize shaky economy under Argentine President faces mounting midterms pressure

US President Donald Trump greets Argentine President Javier Milei as he arrives at the West Wing of the White House on Tuesday October 14, 2025.

After promising to end foreign entanglements, the President has proposed a financial-rescue plan for the right-wing government of Argentina.

Last week the US offered a $20 billion currency swap line, allowing Argentina's central bank to exchange volatile pesos for stable American dollars.