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Meeting at the UN Strengthens Political Ties and Triggers Immediate Reaction in the Argentine Market
The President of the United States, Donald Trump, declared on September 23, 2025, full support for Argentine President Javier Milei during the UN General Assembly in New York. Additionally, the diplomatic gesture was accompanied by public statements that prompted an immediate reaction: the Argentine peso appreciated against the dollar and the stock market showed a slight increase, reflecting international confidence.
Strategic Meeting Between Trump and Milei
The meeting occurred behind the scenes at the UN Assembly, where Trump stated that the United States is ready to “assist Argentina with its economy”. However, he emphasized that “the country does not need an immediate rescue”.
According to the U.S. President, Treasury Secretary Scott Bessent is conducting negotiations to secure better financial conditions for Argentina. Additionally, the statement came one day after Bessent assured that all options were being considered to stabilize the Argentine economy.
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According to Trump, “Scott is working with Argentina to ensure good debts and everything necessary to make the country great again”. Thus, he reinforced the supportive tone towards the Milei administration.
Symbolic Gift and Political Reinforcement
During the meeting, Trump handed Milei a printed version of a post published on Truth Social, in which he praised the Argentine leader. However, the gesture was not just symbolic, as it also consolidated the political message.
In the text, Trump stated that Milei “has proven to be a truly fantastic and powerful leader for the great Argentine people, advancing at all levels at record speed”. Furthermore, the gift was received with enthusiasm. Milei smiled for the cameras and posed alongside Trump, reinforcing the diplomatic closeness between them.
Market Reacts to the Approach Between the U.S. and Argentina
After the meeting in New York, the Argentine peso appreciated more than 3% against the dollar, reaching an exchange rate of 1,367.51 per unit. Additionally, the S&P Merval index recorded a slight increase of 0.24%, confirming the immediate influence of the statements.
For economic analysts, this appreciation was a direct result of the confidence conveyed by Trump’s remarks. Thus, the public backing strengthened the perception of the Milei administration and increased expectations for stability.
Support for the Reelection of Javier Milei
Beyond the economic theme, Trump explicitly declared support for Milei’s reelection, stating that the Argentine President needs another term “to complete the work”. In doing so, he sought to reinforce political continuity.
According to Trump, Milei inherited a “total mess”, marked by high inflation and political instability. However, the Argentine leader would have managed to restore “stability to the economy in record time”, which would consolidate his international image.
Political and Diplomatic Repercussions
- Donald Trump: “We are giving the President of Argentina our total support and endorsement.”
- Javier Milei: Received the praise and reaffirmed commitment to deepening ties with the United States.
- Scott Bessent: On September 22, 2025, stated that all alternatives were being examined to support the stability of the country.
Thus, the political alignment between Milei and Trump demonstrates a joint strategy that could influence both Argentine domestic politics and its position on the international stage.
Key Highlights of the Meeting
- Trump Promised Support for Argentina’s Economy
- Argentine Peso Appreciated More Than 3% Against the Dollar
- Stock Market Recorded a Slight Increase After the Meeting
- Milei Received a Symbolic Gift from Trump
- Milei’s Reelection Was Publicly Advocated by Trump
- The U.S. Reinforced Political and Economic Commitment to Argentina
Impact for Argentina
Trump’s diplomatic gesture occurred amid a political and economic crisis that pressures the Milei administration. Consequently, the immediate appreciation of the peso and the positive market reaction indicate that U.S. support brought momentary relief.
Moreover, the rapprochement reinforces the role of the United States as a strategic ally in guiding Argentina’s next steps in the global economic landscape. Thus, the episode strengthens Milei’s position both domestically and internationally.
What do you think should be a priority for Argentina: to quickly consolidate economic stability with external support or to seek more sustainable internal solutions in the long term?
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