Bessent Stakes Credibility and Taxpayer Money on Argentina Bet NYT | Top Stories By: Alan Rappeport and Colby Smith 18 October 2025 at 00:38 Treasury Secretary Scott Bessent’s multibillion-dollar bailout of a serial defaulter raises the specter of losses for the United States. © Haiyun Jiang/The New York TimesTreasury Secretary Scott Bessent, a former hedge fund manager, is orchestrating a $20 billion lifeline to prop up the Argentine peso, which has been declining in value.
Trump Alone Can’t Save Argentina NYT | Opinion By: Ricardo Hausmann 15 October 2025 at 13:00 An American bailout can carry the country only so far.
Trump’s Trade War With China Catches the World in Its Crossfire NYT | China By: Patricia Cohen 15 October 2025 at 05:10 Tariffs and other restrictions between the United States and China are reverberating in unpredictable ways.
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