"Tequila Effect": What happened three decades ago when the US Treasury bailed out Mexico and how it compares to Argentina's current situation The United States came to the rescue of Argentina.

Donald Trump met with Javier Milei last week in New York and gave him enormous political support, in addition to giving him a printed copy of a message he published in Truth, in which he describes him as "a great friend, fighter, and winner." The political message was issued at the same time that Scott Bessent, the Treasury Secretary, announced the distribution of an economic assistance package, the details of which have yet to be determined. According to what the US Treasury chief has stated so far, the economic assistance could include buying Argentine bonds in dollars, acquiring public debt, establishing a swap line (a currency exchange) worth USD $20 billion, and granting a loan.

10/4/20251 min read

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