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.

A journalist asks Trump whether continuing US financial support to Argentina relies on the results of the country's upcoming midterm elections. Turmp responds that the US won't be around very long if the opposition wins. He then passes the question to Treasury Secretary Scott Bessent.

President Donald Trump on Tuesday threatened to pull assistance for Argentina -- led by a political kindred spirit whose philosophy aligns with that of the Republican administration -- if the nation's internal politics don't align with his interests in upcoming elections.

WASHINGTON (AP) — The Trump administration is looking to provide an additional $20 billion in financing for Argentina through a mix of financing from sovereign funds and the private sector.

President Donald Trump doubled down on his plan to carry out a $20 billion currency swap with Argentina during a bilateral lunch with the South American leader.

President Trump wrote on Truth Social that China was “purposefully not buying our Soybeans,” calling it an “Economically Hostile Act,” and that the U.S. was considering terminating cooking oil imports from China, as well as potentially other business, as retribution. The United States “can easily produce Cooking Oil ourselves,” he said.