Trump Says ‘We’re Gone’ If Milei Loses Vote, Rattling Market (1)

President Donald Trump suggested the $20 billion lifeline the US is planning for Argentina could be contingent on libertarian leader Javier Milei’s success in the midterm elections, sending fresh jitters through the currency market.

“If he wins we’re staying with him, and if he doesn’t win we’re gone,” Trump told reporters Tuesday, adding that the governments also planned to discuss a potential free trade agreement.

Short-term peso interest rates jumped back into the triple digits as neither the US nor Argentina intervened in the currency market for a second straight trading day. Argentina’s bonds dropped across the curve, reversing ...