Trump’s envoy landed in Argentina, what does EE.UU promise to Milei?

When Argentina’s economy still digests the end of the exchange rate, an unexpected ally arrived in Buenos Aires. This is the Secretary of the Treasury, Scott Besent, who, with the venia of Donald Trump, stepped on the Casa Rosada to bless Milei’s liberal crusade. This with investment promises and a wink to the International Monetary Fund (IMF). Your visit raises a question: will Argentina be the next lighthouse of the free market?

Besent met today with President Javier Milei to praise the “bold reforms” of the Argentine government and announce The beginning of formal conversations for a bilateral commercial agreement. The visit, high profile and marked by a strong security operation, occurred just two days after the IMF approved a key disbursement for Argentina, allowing the removal of the exchange rate.

Besent, a key figure in American economic policy, spared no praise towards Milei during a joint statement:

«There was a man who acknowledged that the State was not the solution, but the problem. A man who had the courage to defend Argentina opposing the establishment. And that man is here today, ”he said, shaking the Argentine president’s hand.

Then, he highlighted the three key adjustments implemented by the Government of Javier Milei – fiscal, monetary and exchange – and assured that Washington “is proud” of having supported the recent agreement with the IMFwhich will inject 20,000 million dollars into the country. “These steps are paving the way for a foreign investment boom,” he said.

And about the negotiations for a bilateral commercial agreement, it kept caution on Trump -driven tariffs: “We will see what they do and leave there.” In a strategic tone, he warned about the 18,000 million dollars swap with the Popular Bank of China, suggesting that Argentina could be released from this debt If he holds his “inflexible economic policy.” In this way, he sent a clear message about the need to diversify his financial alliances.

With this, he referred to a currency exchange line (Currency Swap) between the Central Bank of the Argentine Republic (BCRA) and the Popular Bank of China. In itself, it is an agreement that allows Argentina to access YUANs (equivalent to 18,000 million dollars) to strengthen their reservations or comply with financial obligations, in exchange for future payment or exchange commitments.

Besent’s Express visit included a previous meeting with the Minister of Economy, Luis Caputo, and the president of the BCRA, Santiago Bausili. Representatives of the Conservative Action Political Conference (CPAC) also participated. This organization, known for promoting conservative values ​​such as free market, limited government and individual freedoms, has gained relevance in recent years as a platform for the Maga Movement (make America great again, for its acronym in English) led by Donald Trump.

Besent’s presence is interpreted as A strategic support to Argentina at a time of global realignment. The country, together with Paraguay, is one of the closest allies to the US in the region, in contrast to leftist governments of Brazil, Venezuela and Mexico.

Additionally, Besent’s visit to Casa Rosada opens a horizon of possibilities for the relationship between Argentina and the United States. With the support of Washington, Javier Milei seeks to capitalize on the interest of US companies That, according to the US Treasury Secretary, they are ready to invest in the long term in the country, attracted by free market reforms.

Although rumors about a direct US credit were discarded by official sources, the door remains ajar, indicating a future of greater economic cooperation. This alliance, strengthened after Milei’s meeting with Donald Trump in February, consolidates Argentina as a strategic partner in the region, and positions the libertarian government in the center of an election crucial year for the US administration.