US Treasury Secretary Scott Bessent said he met Argentine President Javier Milei on April 14 to underscore the Trump administration’s full support for economic reforms that were bringing the Latin American country “back from the precipice”. Mr Bessent also commended Mr Milei for working to reduce barriers towards reciprocal trade with the United States, Treasury said in a statement about the visit.The US sought to prevent Latin American countries giving up mining rights to China in return for aid, he said. Mr Bessent said the US was not considering a credit line directly to Argentina like the one extended by China.
April 14, 2025
SOURCE: STRAIT TIMES
US Treasury’s Bessent backs Argentina’s economic reforms with eye on China