Trump administration under growing pressure over Argentine intervention
Size of US bailout and support for agricultural rival begin to rankle the president’s political allies
Size of US bailout and support for agricultural rival begin to rankle the president’s political allies

The US administration is backing an ally’s misguided exchange rate policy

US support has helped calm markets, but Argentina’s president is politically weakened as his party faces midterm elections

The Treasury’s intervention holds risks for Washington

President suggests $20bn swap line is contingent on libertarian’s victory in midterm elections

After sky-high inflation, currency crises and failed reform plans, the country was never going to find a quick fix

South American country dissents at COP30 and G20 in nod to Donald Trump