Bessent says U.S. 'not putting money' in Argentina, touts swaps | Fortune
U.S. Treasury signals support for Argentina through a swap line, not direct cash injections, prompting volatile reactions in Argentine bonds and the peso.
Leaked texts on Scott Bessent's phone suggest the White House got played bailing out Argentina-and U.S. soybean farmers are the casualties | Fortune
U.S. financial support for Argentina coincided with Argentina lifting soybean export taxes and selling soy to China, lowering U.S. soybean prices and weakening U.S. leverage.