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Trump is bailing out Argentina. What happened to ‘America first’?

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Manage episode 513523526 series 3533342
Content provided by BBC and BBC World Service. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BBC and BBC World Service or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

President Trump’s administration may have frozen foreign aid but this week it’s giving Argentina a $20 billion lifeline. It's a move his critics are suggesting is more about politics than sound economics. Argentina’s president, the chainsaw-wielding Javier Milei, is a friend and close ally of Trump’s. On on Tuesday, Milei will visit the White House to discuss the details of this new rescue plan. We ask the BBC’s South America correspondent, Ione Wells, whether Trump is ditching ‘America First’ economics to bail out Argentina, or whether this is a financial gamble that could pay off.

Further reading: "How Milei's 'Thatcherite' economics divided his nation - but won over Trump" https://www.bbc.co.uk/news/articles/c9865l8540eo

Producer: Viv Jones. Executive producer: James Shield. Mix: Neil Churchill. Senior news editor: China Collins. Photo:Reuters/Al Drago

  continue reading

431 episodes

Artwork
iconShare
 
Manage episode 513523526 series 3533342
Content provided by BBC and BBC World Service. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BBC and BBC World Service or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

President Trump’s administration may have frozen foreign aid but this week it’s giving Argentina a $20 billion lifeline. It's a move his critics are suggesting is more about politics than sound economics. Argentina’s president, the chainsaw-wielding Javier Milei, is a friend and close ally of Trump’s. On on Tuesday, Milei will visit the White House to discuss the details of this new rescue plan. We ask the BBC’s South America correspondent, Ione Wells, whether Trump is ditching ‘America First’ economics to bail out Argentina, or whether this is a financial gamble that could pay off.

Further reading: "How Milei's 'Thatcherite' economics divided his nation - but won over Trump" https://www.bbc.co.uk/news/articles/c9865l8540eo

Producer: Viv Jones. Executive producer: James Shield. Mix: Neil Churchill. Senior news editor: China Collins. Photo:Reuters/Al Drago

  continue reading

431 episodes

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