Trump Hosts Argentina's Milei at White House Amid $20 Billion Currency Swap Deal
President Donald Trump is hosting Argentinian President Javier Milei at the White House.
A $20 billion currency swap deal between the US and Argentina's central bank was agreed upon last week.
“Argentina faces a moment of acute illiquidity,”
Treasury Secretary Scott Bessent stated, adding that the US Treasury is prepared to take exceptional measures to provide market stability.
- The US has purchased Argentinian pesos, a move that has only occurred three times since 1996.
- Milei previously congratulated Trump on securing a ceasefire deal in Gaza after the two-year Israel-Hamas war.
Author's summary: Trump meets Milei amid major currency deal.
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