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Why Trump is backing Argentina’s Thatcherite economics | Heather Stewart

The Guardian•Sunday, September 28, 2025 at 11:06:37 AM

NeutralFinancial Markets

Why Trump is backing Argentina’s Thatcherite economics | Heather Stewart

Donald Trump has expressed strong support for Argentine President Javier Milei's radical economic policies aimed at combating inflation, which have garnered backing from the IMF and Washington. While Trump praises Milei's efforts, ordinary Argentinians appear skeptical about the effectiveness of these measures. This endorsement highlights the intersection of U.S. foreign policy and Latin American economic strategies, raising questions about the long-term impact on Argentina's economy and its citizens.

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