US President Donald Trump hailed Javier Milei after the Argentine president’s political party staged a comeback victory in Sunday’s midterm elections, vindicating the extraordinary financial backing the US arranged for its South American ally.

“That was a big win,” Trump told reporters on Air Force One Monday, referring to Milei’s party winning the most votes in an election seen as an assessment of his aggressive moves to revamp Argentina’s long-beleaguered economy. “Not only did he win, he won by a lot,” Trump said.

Trump’s backing for his fellow conservative was part of a broader push to secure a political shift across Latin America, with elections pending in a number of nations. Treasury Secretary Scott Bessent oversaw a series of unorthodox steps aimed at stabilizing Argentine assets

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