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US President Donald Trump and Argentine President Javier Milei react at the White House in Washington, D.C., USA, on October 14, 2025.

REUTERS/Jonathan Ernst

What We’re Watching: Trump makes conditional pledge to Argentina’s Milei, Syria’s new leader meets old foe, Cameroon’s opposition leader declares victory

Trump pledges money to Argentina – if Milei’s party wins midterm

US President Donald Trump appeared to hand Argentine President Javier Milei a financial lifeline ahead of the South American nation’s midterm election later this month, pledging to grant the long-suffering economy a $20-billion bailout. But, the US leader added, “If he loses, we are not going to be generous with Argentina.” Trump denied that he was seeking to boost Milei ahead of the midterms, but Democrats criticized him for helping out a foreign administration while the US federal government is shut down. It’s also unclear what would constitute enough of a “win” for Milei in the eyes of Trump – the Argentine leader is hoping to win a third of Chamber of Deputies seats so that he can gain veto power.

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