The U.S. Should Not Bail Out Argentina

Why is the Trump administration intent on rescuing a failed foreign leader?

Donald Trump and Javier Milei, both wearing suits, talk to each other in a crowded room. October 1, 2025, 12:01 AM Comment icon View Comments ( )

U.S. Treasury Secretary Scott Bessent announced last week that the Trump administration was prepared to “do what is needed” to “support” Argentina and its president, Javier Milei, in advance of the country’s October legislative elections. Bessent’s call for “ large and forceful ” action by the U.S. government generated bipartisan uproar—not least because U.S. soybean farmers are facing their bleakest financial outlook in decades after their export revenue was snatched away by Argentina. Bailouts of banks, hedge fun

See Full Page