In a significant diplomatic engagement, U.S. Treasury Secretary Scott Bessent met with Argentine President Javier Milei at the Casa Rosada on April 14, 2025. The meeting underscored the United States’ robust support for Argentina’s ambitious economic reforms and signaled a strengthening of bilateral relations.​

During the discussions, Secretary Bessent reaffirmed the U.S. government’s full backing of President Milei’s economic policies, praising the swift actions taken to reduce trade barriers and stabilize the Argentine economy. He also commended Argentina’s recent agreement with the International Monetary Fund (IMF), which includes a $20 billion loan package aimed at bolstering the nation’s financial stability.

​

President Milei expressed gratitude for the U.S. support and highlighted the shared commitment to economic revitalization. He emphasized the importance of the IMF agreement in restoring investor confidence and paving the way for sustainable growth.​

The leaders also discussed the potential for a reciprocal trade agreement, aligning with President Donald Trump’s proposal for mutual tariff reductions. President Milei indicated Argentina’s readiness to engage in such an agreement, viewing it as a pathway to enhanced economic cooperation and prosperity for both nations.​

Key Takeaways:

• IMF Loan Agreement: Argentina has secured a $20 billion loan from the IMF, with immediate disbursement of $19.6 billion to strengthen the Central Bank’s reserves.​

• Trade Relations: Discussions are underway for a reciprocal trade agreement between the U.S. and Argentina, aiming to reduce tariffs and foster economic collaboration.​

• Economic Reforms: The U.S. acknowledges and supports Argentina’s bold economic reforms under President Milei’s leadership, viewing them as essential steps toward financial stability and growth.