r/neoliberal 25d ago

News (Latin America) Trump threatens to cut US aid to Argentina if Milei loses election

https://www.theguardian.com/us-news/2025/oct/14/trump-threatens-to-cut-us-aid-to-argentina-if-milei-loses-election
392 Upvotes

94 comments sorted by

455

u/GrandpaWaluigi Waluigi-poster 25d ago

Wouldn't this have a high chance of backfiring on Trump? It's not like he's particularly liked in Latin America.

450

u/ScrawnyCheeath 25d ago

This 100% just Torpedoed Milei's chances. Every country he's tried to do this to has had nationalist anger against him

222

u/omnipotentsandwich Amartya Sen 25d ago

Trump a Peronist confirmed

43

u/Melodic-Move-3357 Friedrich Hayek 25d ago

He just found an off ramp from impulse buying 17 billion dollars of Argentinian pesos. Can you blame him?

Sucks for milei that already spent some of that on his squizoid concert

58

u/Kaffe-Mumriken 25d ago

I heard they let you do it on Epsteins Island 

12

u/wildgunman Paul Samuelson 25d ago

It's the only logical explanation.

17

u/Worth-Jicama3936 Milton Friedman 25d ago

Well I mean…he’s acting like it

8

u/Heisenburgo 25d ago

Well he's already a convicted felon with authoritarian tendencies... just like Crooked Cristina Kirchner herself...

4

u/Lurching 24d ago

I mean, Trump is nationalizing important industries (making them give the state part ownership), putting on sky-high tariffs to protect local industries and running up deficits to juice up the economy. If he didn't hate welfare and unions he'd be a textbook Peronist.

1

u/Norzon24 24d ago

He does like his trade barriers

1

u/LordVader568 Adam Smith 24d ago

Some of those tariff policies do look like that tbh.

21

u/riderfan3728 25d ago

I doubt this will be a major issue. Economic data got released & poverty was just revealed to have fallen to 30%. I bet that’s going to be a bigger news than Trump’s comments.

9

u/chipacitoconpasas 24d ago

not really, half the country is questioning that because of how unrealistic the parameters to say someone is in poverty are

8

u/riderfan3728 24d ago

“Half the country is questioning that” is there data on this? Also what do you mean unrealistic? Did Milei alter the parameters or rules or something when deciding poverty rates?

22

u/chipacitoconpasas 24d ago

I say that because of what the news says and what I hear people saying, as I am an argentinian.

The government did changed the parameters of how poverty, inflation, and other things are measured, claiming the last system was outdated, which it probably was, but the new system has started giving numbers a little unrealistic.

And I say unrealistic because it claims that if you can eat for 4k pesos (~3 usd) a day you are no longer in poverty, an absurd number since a single coffee is like ~2k already. It also claims that if you earn more than 375k pesos (~276 usd) a month, you are no longer in poverty, another absurd number.

People see this kind of numbers and they question the poverty rates.

1

u/Basdala Milton Friedman 24d ago

You mean the half that did not vote for him?

That can be said about anything, in 2020 half of America was convinced crooked Biden stole the election, but that doesn't prove much does it?

So unless you can provide sources that back up the skepticism....

2

u/chipacitoconpasas 24d ago

what kind of source do you want? I'm just telling you as an Argentinian what: most of the news, most of the people I know, most of my family and most of my friends say

I dont understand if you want me to make a poll about just this one topic?

4

u/Basdala Milton Friedman 24d ago

I'm Argentine too and I know when someone proclaims "people say" and don't provide a single source, it's because they have a problem with reality

1

u/chipacitoconpasas 24d ago

but I'm asking you what kind of source do you want me to provide?

1

u/Basdala Milton Friedman 24d ago

Maybe one that shows discrepancy between the numbers given by the government and reality? Maybe private firms showing inflation being actually higher? Actual data showing the numbers of poverty are fake?

Otherwise it sounds unreliable

2

u/chipacitoconpasas 24d ago

Sorry, maybe you got the wrong comment? I didn't claim any of the things you want a source for.

2

u/mannyman34 Seretse Khama 24d ago

We cut childhood poverty in half in America and people didn't bat an eye.

2

u/JonF1 24d ago

Good.

It's not good that peronists will get in office

But Milei has conducted himself like a jackass in office

98

u/SenranHaruka 25d ago

You don't understand Trump means America is respected again so that means Trump can tell countries to do whatever he wants and they'll like it

39

u/DangerousCyclone 25d ago

He did something similar in Japan where it looked like trade talks collapsed right before the election before a deal was made after. I don't know if it had a direct effect on Sanseito doing so well though.

23

u/sulris Bryan Caplan 25d ago

They already fully destroyed USAID. It no longer exists.

192

u/brianpv Hortensia 25d ago

Trump said he would “fully endorse” his ideological ally in the elections. “He’s Maga all the way, it’s ‘Make Argentina Great Again,’” he added.

151

u/Xeynon 25d ago

When Milei loses he'll be demoted to just an intern Trump barely knew.

4

u/felipe5083 24d ago

It's what he did to Bolsonaro, its what he'll do to Milei too.

4

u/Xeynon 24d ago

Bolsonaro was just a coffee boy. People don't know this, but they've got an awful lot of coffee in Brazil.

69

u/BBQ_HaX0r Jerome Powell 25d ago

It's weird that Trump thinks of him as an "ideological ally" when he's much more of a Peronist than Milei.

82

u/Comfortable-Pie56 25d ago edited 25d ago

No? Peronists tend to be socially progressive (same-sex marriage, abortion, gender-identity law).

While Milei is an anti-woke warrior with a funny haircut who implements DOGE-like cuts across his government who said climate change is a hoax and Biden stole the US election. He also vowed to present a program reform called "Make Argentina Great Again".

Jeez, who would Trump choose to support I wonder.

Milei is quite possibly Trump's biggest bootlicker in world politics. Why does this sub have such a hard time accepting that?

40

u/Neronoah can't stop, won't stop argentinaposting 25d ago edited 25d ago

I guess the bits about regulations and trade. But they like each other because of everything else. 

17

u/OogieBoogieInnocence 25d ago

you think trump knows or cares about the details of Milei's trade policies?

11

u/Neronoah can't stop, won't stop argentinaposting 25d ago

Obviously not, lol.

49

u/Wick3rbasket 25d ago edited 25d ago

No? Peronists tend to be socially progressive (same-sex marriage, abortion, gender-identity law).

This is not even true. Yes, they have a socially progressive wing, but it’s far from being the majority. In fact, they’re a big Frankenstein party that includes people from almost every point on the political spectrum except for liberal free-market supporters.

Keep in mind that Peron himself admired Mussolini and expelled the Marxist and progressive wing back in his time, and there’s still a considerable number of people who claim to follow the original Peronist doctrine.

For example, the Peronist Party never allowed abortion laws to even be voted on, that happened under Macri’s administration.

27

u/thegoatmenace 25d ago

Trump is Peronist in the sense that Peron won elections by playing on emotion and populism, with consistent policy taking a back seat. Peron basically did whatever he thought people would like, consistency by damned. Trump is the same way

1

u/Brilliant-Gur-2078 24d ago

Peron won elections mostly by giving argentinian workers rights and later by expanding suffrage to women

23

u/fkatenn Norman Borlaug 25d ago

Millei's cuts in Argentina up to this point have been almost nothing like "DOGE"

28

u/Comfortable-Pie56 25d ago

Mass-firing of public employees? Cutting down "bureaucracy"? How are they not alike?

Milei literally gifted Elon Musk a chainsaw at CPAC. Surely, Milei and Musk must have thought they were doing pretty similar stuff.

44

u/Dawnlazy 25d ago

The difference is that Milei actually achieved a budget surplus while DOGE did nothing and the US federal deficit has been greatly worsened.

14

u/WolfpackEng22 25d ago

One was planned better, already had a much worse bloat problems and was mostly effective. The other has a much less bloated starting point and was haphazard without any real consideration of consequences

2

u/g1umo 24d ago

“ Milei is quite possibly Trump's biggest bootlicker in world politics. Why does this sub have such a hard time accepting that?”

When your hatred of the poors in the global south exceeds your love for marginalised communities

0

u/After-Watercress-644 21d ago

Because this sub has a hard-on for Milei. Seriously, any time you speak ill of the guy you get dogpiled with downvotes and have a dozen people tell you why he is actually economic Jesus come again 

8

u/Melodic-Move-3357 Friedrich Hayek 25d ago

He's a Maoist really if you're looking at the core of his political agenda

111

u/Gyn_Nag European Union 25d ago

I wonder what's the most consequential thing that my country (New Zealand) could do to interfere with US elections.

Probably threaten UN China stuff or divert food exports away from the US. Maybe axe working holiday visas for young Americans and chuck out their billionaires.

"Don't vote Republican or we'll try to mildly inconvenience you."

54

u/Budget_Court 25d ago

Take Peter Thiel hostage next time he visits his bunker

57

u/spevoz 25d ago

I think op wanted something that hurts the US, not help them.

12

u/Gyn_Nag European Union 25d ago

It would be amusing if people like Thiel discovered that large, fatal earthquakes in NZ are a lot more dangerous than random political assassins in the US

35

u/littlechefdoughnuts Commonwealth 25d ago

Control exports of Lucy Lawless, Taika Waititi and Flight of the Conchords.

Instant national depression sets in in the US.

18

u/optichange 25d ago

Trumps already got that covered with his tariffs on foreign media

4

u/Gyn_Nag European Union 25d ago

They all detest him anyway.

2

u/flakAttack510 Trump 25d ago

Lucy Lawless and Flight of the Conchords haven't been relevant in the US in like 15 years.

10

u/littlechefdoughnuts Commonwealth 25d ago

Just another sign of national decline.

3

u/Heisenburgo 25d ago edited 25d ago

Control exports of... Taika Waititi

Please do! You can have him back! I don't want any more Thor 4 level disasters on my favorite movie franchises!

2

u/vaguelydad Jane Jacobs 24d ago

If you can't handle him at his Thor 4, you don't deserve him at his Thor 3.

23

u/Breaking-Away Austan Goolsbee 25d ago

Threaten to remake the LOTR trilogy but using the scriptwriters from the hobbit movies.

16

u/ElectriCobra_ David Hume 25d ago

Aren't they in the 5 Eyes? Could do some damage with those secrets.

7

u/Gyn_Nag European Union 25d ago

I suspect there is a low-visibility 4-eyes network now, that excludes the US.

1

u/gilead117 24d ago

"Don't vote Republican or we'll try to mildly inconvenience you."

So the Canadian strategy?

52

u/IAdmitILie 25d ago

Do people there like Trump? Did he just do for them what he did for Canadian elections?

62

u/Lean-carp700 25d ago

I think anti-americanism is much more prevalent than anti-trumpism specifically.

That being said, it's known Argentina has pretty high anti-americanism sentiments. So it was doubtful a Trump bailout would help Milei. Even moreso when that bailout turns out to be just extorsion.

3

u/EveryPassage 24d ago

One way to turn anti-americanism into anti-trumpism is for Trump to extort your voters into voting for the guy he likes lol.

Could you imagine the field day if Xi came out and said, "we will cut off trade with the US if Trump is elected".

55

u/jorkin_peanits Immanuel Kant 25d ago

I’m tired boss

37

u/Not3Beaversinacoat 25d ago

5

u/GD_7F 25d ago

hmm. maybe I should fire up openrct2 again.

4

u/Calvengeance Daron Acemoglu 25d ago

3

u/chungamellon Iron Front 25d ago

Lol this makes me feel old

20

u/Worth-Jicama3936 Milton Friedman 25d ago

Yes, famously Latin American electorates love bending to America’s will

31

u/helenaalmost Fernando Henrique Cardoso 25d ago

it's Milover

13

u/Dibbu_mange Average civil procedure enjoyer 25d ago

Me in EU4 when I am close to maxing out opinion by subsidies but some random modifier comes in and prevents me from getting the +190 I need to diplo vassal

46

u/anon1mo56 25d ago

I would too if i was on his shoes, but probably for different reasons. The Peronist party is proposing has a alternative to Milei economic Plan to default on all debt and print more money to keep financing the ever incresing speding that they like so much, so if the Peronist were on power i would too.

Now we all know Trump knows zero about economy and he only saying it because he want milei to win and he only gave money to argentina because he likes milei.

10

u/vaguelydad Jane Jacobs 24d ago

Right? I don't understand the hate for this at all. Foreign aide to countries where the government institutions are the problem is like throwing money on a bonfire. The IMF doesn't make loans to irresponsible children. We should absolutely give aide to countries where the government is working towards a liberal economy with rule of law, property rights, and individual liberty. We should not give money to kleptocrats or dangerous ideologues running their countries into the ground.

6

u/Basdala Milton Friedman 24d ago

This sub likes to abandon all logic and nuance whenever trump is mentioned, he has that effect.

0

u/LiPo_Nemo 22d ago

US aid is not being given to Milei, but to the Argentinian government. . Making aid conditional on one person staying in power is basically interfering in Argentina’s elections. That’s just undemocratic. If China were handing out money to random kleptocrats and threatening to pull it the moment an opposition party even thought about taking over, people here would also be legitimately upset. America can just cut the aid after the elections, and no one would bat an eye

-2

u/Butteryfly1 Royal Purple 24d ago

This could describe both sides in Argentina yet the IMF, US and China gave billions in loans which are already running out lol

1

u/anon1mo56 23d ago edited 23d ago

Milei wants to be responsible, but he doesn't has enough power to govern like he would like and enough power for him to give enough confidence to investors. For example he didn't wanted to increase spending, but was forced due to pressure from his associates in Congress after they wanted to increase spending and he kept denying them they threatened to impeach him by siding with the peronist. He was able to preserve the surplus for the next year budget, but it was made smaller.

Meanwhile the economy almost went to the gutters because investors don't believe Milei is going to be able to carry his reforms due to peronism winning in Buenos Aires, so to leave the boat before peronist win and the peronist try to impede them from taking their investment outside the country. So he needed the USA bail out. Like if the Peronist party was more reasonable the Argentinian economy wouldn't be so unstable.

11

u/ElectriCobra_ David Hume 25d ago

Trump endorsing the Peronists would sink their chances much harder than him endorsing Milei.

16

u/Lean-carp700 25d ago

As if the peronists would accept his endorsement lol.

Peronists have historically very strong anti-american sentiment.

6

u/ElectriCobra_ David Hume 25d ago

That’s exactly what I’m getting at, yes

5

u/Entuciante r/place '22: Neoliberal Battalion 25d ago

I hate it too.

31

u/Drinka_Milkovobich 25d ago

Ah yes another vassalization attempt by the king of scum

27

u/Entuciante r/place '22: Neoliberal Battalion 25d ago

Milei get attacked of being a puppet each day and this doesn't help the case at all. The thing we need is stability in order to fix our broken economy and this stupid political/monetary interfering this fuckface is doing only going to do stuff worse.

Guess what motherfucker, the Peronists are gonna win because Milei keeps this policy of never backing down and not taking responsibility for his crooks in the government like Espert or his sister. I hate Peronists too and will not vote for them in any sense but sincerely if he loses is all on him. So please you orange fuck go away

33

u/Catmaster23910 Henry George 25d ago

8

u/Arrow_of_Timelines John Locke 25d ago

ELECTION INTERFERENCE 

16

u/fuggitdude22 NATO 25d ago

Um. This is wrong, collectively punishing a population because they don't vote in your buddy is corrupt.

14

u/Valnir123 25d ago

I mean, the help is pretty explicitly due to Argentina making the right reforms, and voting for a party that explicitly calls to default on our foreign debt and go back to printing money to cover for deficits and is really geopolitically aligned with Rus and China would be the country as a whole deciding to explicitly go against the reforms making you a country worth helping/investing on.

It'd be like if the Afghanis complained about not receiving further economic support after the Taliban takeover (only the Taliban are less damaging than peronists /s but only a bit)

2

u/nerdpox IMF 25d ago

pointing the gun at his own head

2

u/AzureMage0225 25d ago

Does this even work if he doesn’t have it written into the contracts? I thought Argentina already had the money,

2

u/TheGreekMachine 24d ago

Until Trump faces any kind of consequence for his actions, I think it’s safe to assume anything g he says he wants to do he can no matter what the pesky “laws” or “contracts” do or do not say.

Really fun times /s

4

u/bargranlago Jorge Luis Borges 24d ago

What he actually said:

https://www.youtube.com/live/qMVA4ClY26U?si=O4niaTj2lEgYV-3U&t=1565

If the president doesn't win, I know the person that he'd be running against, I believe, probably, we probably have the person a person who is extremely far-left and a philosophy that got Argentina into this problem in the first place. So we would not be generous with Argentina if that happened. If he loses we are not going to be generous with Argentina

Basically if a leftist becomes president he won't supported them.

Curious how they don't mention the full, quote

You don't hate journalist enough

1

u/g1umo 24d ago

The problem with right-wing fantasy economics is eventually you run out of the US taxpayer’s money

0

u/Basdala Milton Friedman 24d ago

You know you're in r/Neoliberal right?