Why Is Trump Bailing Out Argentina's President Milei While Firing Thousands of Workers in US?

Oct 16, 2025 | We speak to Argentine journalist Pablo Calvi about the U.S. government's multibillion-dollar bailout for Argentina, which could grow from $20 billion to $40 billion as Argentina is rocked by an ongoing economic crisis. "I don't see that the bailout would benefit the Argentine people or the American people, for that matter," says Calvi. Instead, he believes the tech industry will reap the financial rewards from its ties to U.S. President Trump and his ally, far-right Argentine President Javier Milei, who attended the conservative CPAC conference in the U.S., where he gifted billionaire Elon Musk a chain saw.

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