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The Trump administration is looking to provide an additional $20 billion in financing for Argentina through a mix of financing from sovereign funds and the private sector. That would come on top of the $20 billion credit swap line the U.S. Treasury pledged to President Javier Milei this month to bolster the Argentine peso. President Trump has suggested the money could be pulled if Mr. Milei鈥檚 party does not prevail in upcoming midterm elections.

Inflation has improved in Argentina. Why consumers don鈥檛 feel a difference.