Trump scolds young lady reporter for Argentina bailout question: You dont know anything about it
President Trump chided a reporter for asking why struggling American farmers should support a bailout for Argentina’s beef industry, telling the “young lady” that “you don’t know anything about it.”The White House recently announced a $20 billion package to help the South American country and its President Javier Milei, an early Trump ally, and floated a possible deal to buy some beef from the nation in order to bulk up supply in the US and lower prices.Aboard Air Force One on Sunday evening, a reporter asked Trump: “What do you have to say to US farmers who feel that the deal is benefiting Argentina more than it is them –”Trump cut off the reporter, saying: “Look, look, Argentina is fighting for its life, young lady.You don’t know anything about it.The reporter’s identity could not immediately be confirmed.“Nothing is benefiting Argentina.
They’re fighting for their life.You understand what that means?” the president continued. “I happen to like the president of Argentina — I think he’s trying to do the best he can — but don’t make it sound like they are doing great.
They are dying, alright? They are dying.”The White House is planning a $20 billion currency swap, or loan, with Argentina’s central bank in an effort to prop up the Argentine peso.The US Treasury will exchange dollars for pesos, with the expectation that the funds will eventually be paid back, according to Treasury Secretary Scott Bessent.The arrangement angered US soybean farmers, who have lost market share to farmers in Argentina and Brazil amid Trump’s trade battle.Just before the bailout was announced, Argentina also dropped its export taxes.China swooped in to purchase 7 million metric tons of soybeans from the nation.
It imported zero soybeans from American farmers in September.“At a time when we should be finding ways to help American farmers deal with this chaotic trade policy, it’s extremely disappointing to see us bailing out Argentina and...