In a statement that sent ripples through both the political and agricultural sectors, U.S. President Donald Trump defended his administration's financial and political backing of Argentine President Javier Milei, calling him "a leader fighting against all odds." Speaking to reporters aboard Air Force One during a campaign week in the U.S., Trump confirmed that his government is considering importing Argentine beef as part of a strategy to lower domestic meat prices-a move already drawing criticism from American livestock producers.

"Argentina is fighting for its life. They have no money, nothing-they're dying. They're fighting hard to survive," said Trump, using his signature rhetoric to justify the recent economic support extended to Buenos Aires. His comments came shortly after a high-profile meeting between the two leaders at the White House, during which both sides signed a cooperation agreement and discussed a potential currency swap worth $20 billion, with the possibility of doubling it to $40 billion.

Trump didn't shy away from the political implications of the support. Just days ahead of the U.S. midterm elections on October 26, he made it clear that part of the aid would be contingent on Milei's political continuity. "If he doesn't win, he won't have our support. If he loses, we won't be generous with Argentina," Trump said-remarks that drew attention in both Washington and Buenos Aires.

The Argentine government later attempted to clarify that Trump's comments referred to Argentina's 2027 presidential race, but the U.S. president doubled down, stating he was referencing this month's midterm elections, in which Milei's coalition risks losing its legislative majority. On his Truth Social platform, Trump reiterated: "Milei is doing the right thing. I hope the Argentine people understand how well he's doing and support him in the midterms. He has my full and total endorsement. Let's make Argentina great again!"

For Milei's administration, the endorsement came at a crucial moment. With inflation rising and exchange markets under pressure, Washington's backing could be a pivotal vote of confidence. Sources suggest the U.S. Treasury has already intervened in Argentina's currency market, purchasing pesos and sovereign bonds, while further assistance packages are under review, including credit lines and bilateral trade deals.

Trump also framed his decision within a broader geopolitical context. "We want Argentina to survive in a free world," he said, adding that he would view any increase in Chinese military or economic presence in Argentina with concern-though he clarified that he was not directly opposing the country's existing currency swap with China.

The White House meeting was marked by political alignment. Milei thanked Trump for his support, calling the U.S. relationship "strategic for Argentina's development." His security minister, Patricia Bullrich, later downplayed Trump's remarks, saying, "He didn't mean support will end on October 26. What he meant is that if this administration stops being the government, then the U.S. will reassess its position."

The U.S. endorsement comes as Argentina navigates a turbulent financial and political climate, aiming to stabilize markets and build investor confidence ahead of the vote. For Trump, the decision also appears to carry strategic intent-solidifying ties with a libertarian ally in South America amid growing Chinese influence and a wave of left-leaning governments in the region.

In tone and timing, the support was unprecedented. What some interpret as a firm political endorsement, others view as a calculated move to expand U.S. influence in Latin America. Either way, Trump has once again put Argentina at the center of international attention during a critical electoral juncture.

For now, both Washington and Buenos Aires seem aligned on one priority: keeping the alliance alive-and ensuring Milei reaches the polls with renewed strength.