BUENOS AIRES: US President Donald Trump will host Argentina’s Javier Milei for talks at the White House on October 14, according to the Argentine government, further boosting his ally after the announcement of a multi-billion-dollar US rescue package.

The meeting will take place two weeks before highly-anticipated mid-term elections in Argentina, which could hobble the right-wing Milei’s reform agenda.

Argentina’s government said Tuesday that the meeting, which will be the second in a month between Trump and Milei, will strengthen the “strategic alliance” between Washington and Buenos Aires.

The two leaders held talks last week on the sidelines of the UN General Assembly in New York, after which US Treasury Secretary Scott Bessent announced a $20 program of support to end a run on the Argentine peso.

The announcement of a $20 billion swap line — usually a currency swap between two central banks — helped the peso regain ground against the dollar, the currency in which Argentines save.