President Donald Trump doubled down on his plan to carry out a $20 billion currency swap with Argentina during a bilateral lunch with the South American leader.

Lea en españolLeia em portuguêsPresident Javier Milei’s finance chief said the US Treasury’s backstop of Argentina’s peso is unflinching as the libertarian leader prepares to travel to Washington ahead of a crucial midterm vote.

Embattled Argentine President Javier Milei visits the White House on Tuesday, banking on a high-profile show of political and economic support from ally President Donald Trump ahead of crunch legislative elections.

There will be no need for the U.S. to bail out Argentina if President Milei follows through on his campaign pledge to replace the peso with the dollar.

Argentina's economy is spiraling. NPR's Scott Simon speaks with economist Monica de Bolle about the Trump administration's plan to rescue it.

International Monetary Fund worsens outlook for Argentina, projecting lower growth and higher inflation; GDP to grow 4.5% this year, says multilateral lender, with inflation reaching 41.3%.

President Donald Trump's $20 billion "rescue package" to Argentinian President Javier Milei has sparked backlash. Earlier this month, the president approved a $20 billion U.S. financial rescue for Argentina,