United States Treasury Secretary Scott Bessent had said that his country wanted to avoid a ‘China in Africa’ situation in Latin America

The president was speaking alongside United States Treasury Secretary Scott Bessent in a press conference at Casa Rosada

Scott Bessent met with Argentina’s president and economy minister at Casa Rosada

The decision allows each member country to add 50 products to their list of imports from outside the bloc not affected by a common tax

The Milei administration was supposed to start paying it back in June

Scott Bessent’s trip comes as the Milei administration awaits IMF-board approval for a new loan

His sitdown with President Peña will take place days before the bloc countries will meet to likely discuss the effects of Trump’s tariffs

U.S. Trade Representative Jamieson Greer welcomed the move, where Argentina aims to reduce tariffs and non-tariff barriers

Mauricio Claver-Carone, special envoy for Latin America, said the administration wants Milei’s government to be successful