U.S. support for Argentina could hit $40 billion

The Trump administration is working on an additional $20 billion support package for Argentina. If completed, it would bring the total price tag of a U.S. backstop plan for Buenos Aires to $40 billion. “It is a private-sector solution to Argentina’s coming debt payments,” Treasury Secretary Scott Bessent said of the latest round of funding Wednesday. Bessent said the United States would arrange funding commitments from banks and sovereign wealth funds to cover the second $20