When President Javier Milei of Argentina faced an economic meltdown, President Trump vowed to come to his aid. But that lifeline is coming at a cost.
Category: Treasury Department
Trump Allies Push to Bolster Putin-Backed Balkans Leader
An influence campaign has relied on allies of the president, including Rudolph W. Giuliani, to cast a Serbian politician as a victim of political persecution.
Trump Hosts Argentina’s Leader as U.S. Moves Ahead With Bailout
President Javier Milei visited the White House on Tuesday after the Trump administration agreed to provide Argentina a $20 billion lifeline.
Big Investors Await Windfall From Trump’s Argentina Bailout
The United States finalized a $20 billion lifeline for Argentina that will benefit Treasury Secretary Scott Bessent’s allies.
Trump to Unveil Farmer Aid as China Shuns U.S. Crops
As it did in 2018, the White House plans to dole out relief funds to struggling U.S. farmers who have lost their biggest customer.
Argentina’s President Vowed to Fix Its Economy. Then Came a Crisis.
President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump has offered him a lifeline.
U.S. and China to Resume Talks on Tariffs, TikTok in Madrid
Economic officials meeting in Madrid will seek to head off a November tariff deadline.
Investment Fund Seals Trade Deal for Japan and Expands Trump’s Influence
President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.
Why China Isn’t Lecturing Trump About His Costly Bill
Beijing has a history of warning Washington about the safety of its Treasury holdings. This time it may have reasons to stay silent, at least publicly.
U.S. Accuses Three Mexican Financial Firms of Aiding Fentanyl Trade
The U.S. Treasury found ties between drug cartels and the Mexican companies, including a brokerage firm controlled by a former chief of staff of Andrés Manuel López Obrador.
Rubio Is Pressing to Open Sanctions Investigation Into Harvard
Experts and former officials said it was unusual for a cabinet secretary to try to influence the Treasury Department’s sanctions process to target a domestic entity.
Europe Wants to Banish Russian Gas. The U.S. May Have Other Plans.
A large Republican donor wants to buy a Russian pipeline to Germany. The White House has entertained the idea of working with the Kremlin to supply Russian gas to Europe.
For the U.S. and China, the Only Talking Is About Whether to Talk
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
