
Argentine President Javier Milei Wins Landslide Midterm Victory Backed by Trump Administration
Key Takeaways
- Milei’s libertarian party won over 40% of the vote, securing a strong congressional position.
- The Trump administration offered a $40 billion bailout contingent on Milei’s electoral victory.
- Milei’s victory strengthens his mandate to advance radical free-market reforms and austerity measures.
Argentina Midterm Election Results
Argentina’s President Javier Milei and his libertarian La Libertad Avanza (LLA) coalition scored a commanding midterm win.
They took roughly 40.8–41% of the vote against about 31–32% for the Peronist opposition.

Many outlets describe the election as a referendum on Milei’s first two years and his radical free-market program.
Multiple sources agree that LLA expanded its footprint in Congress, but they differ on the exact seat totals.
Some sources say LLA won about 64 deputies and 12–14 senators, while others claim far larger gains.
Coverage also varies in how Milei is characterized; some call him “far-right,” others “libertarian.”
All sources note that the result strengthens Milei’s position to continue with austerity and deregulation after a severe economic crisis.
U.S. Support in Milei Campaign
A striking throughline in the coverage is overt backing from Washington, often personalized around Donald Trump.
Several outlets assert a conditional U.S. bailout linked to Milei’s political success, but they differ on the amount and framing.

Some report a $40 billion package tied to the result, others cite $20 billion instruments like swaps and peso purchases, while still others describe broader “substantial financial aid.”
These accounts collectively portray U.S. leverage as a factor in the campaign narrative and post‑vote market expectations.
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