Trump struggles to explain why a bailout for Argentina meets his 'America First' standards [View all]
As Donald Trump greeted Argentinian President Javier Milei at the White House, a reporter shouted out a question about the American president’s message to the people of Argentina.
“We love them,” Trump replied. “We’ll be there for them.”
The latter point was clearly true. In fact, the United States will “be there” for Argentinians to the tune of $20 billion: That’s the figure of the Trump administration’s recently announced bailout, intended to help bolster the South American country’s economy as it confronts a possible crisis.
As Tuesday afternoon progressed, Trump celebrated his likeminded ally — Milei is “MAGA all the way,” the American president said — though he struggled with a question he should’ve seen coming. The Washington Post reported:
President Donald Trump on Tuesday touted a $20 billion foreign bailout that he acknowledged would not primarily serve American interests, testing his leeway with his own ‘America First’ motto and in particular the patience of domestic farmers who have yet to receive their own relief from Trump’s trade war.
https://www.yahoo.com/news/articles/maddow-blog-trump-struggles-explain-161731167.html
Because Scott Bessent's hedge fund buddies are going to lose money without the bailout.
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