Can Trump's bromance with Javier Milei last?
The potential economic benefits are hard to ignore.
Austin Petersen | 01/23/2025The presence of Argentine President Javier Milei at Donald Trump's second inauguration marks a turning point in U.S.-Argentina relations. Traditionally, foreign heads of state do not attend U.S. presidential inaugurations, making Milei’s visit an unmistakable signal of deepening ties. His decision to break with precedent suggests a new era of cooperation, one built on shared ideological leanings and a vision for reshaping both nations’ political and economic landscapes.
Milei, a self-proclaimed "anarcho-capitalist" who has drawn heavily from Trump's political playbook, has wasted no time in tackling Argentina’s economic turmoil. Since taking office, he has vowed to slash government spending, cut taxes, and dismantle state bureaucracy. His most radical proposal—abolishing Argentina’s Central Bank—aims to rein in hyperinflation, which soared past 140% last year. In his inaugural address, he made his intentions clear: "No government has received a worse inheritance than the one we are receiving... There will be a fiscal adjustment of 5 points of GDP that will fall on the public sector."
These reforms are likely to shape discussions between Milei and Trump. During his first term, Trump favored bilateral trade deals over multilateral agreements, but with Trump’s sweeping demand for new tariffs in his inaugural speech, will Argentina get a pass? . . .
https://www.humanevents.com/2025/01/23/austin-petersen-can-trumps-bromance-with-javier-milei-last
Milei has Made Argentina Great Again. I hope Trump follows his lead.