Javier Milei, Argentina's president, attends the Conservative Political Action Conference in National Harbor, Maryland, in 2024. 

Javier Milei, Argentina's president, attends the Conservative Political Action Conference in National Harbor, Maryland, in 2024. 

Photographer: Kent Nishimura/Bloomberg

In Argentina, Trump Tests Whether Money, Not Force, Can Win Over Latin America

In a region reeling from US intervention in Venezuela, Buenos Aires is one place Trump has used his power to help a friend.

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The toppling of Venezuela’s Nicolas Maduro offered the clearest sign yet of Donald Trump’s intention to reassert US dominance in the Americas, but it’s Argentina that holds clues about how successful the so-called “Donroe Doctrine” may ultimately be.

Even before the stunning intervention in Caracas, Trump had regularly wielded aggression in an attempt to get his way in Latin America: He’s threatened military force against Mexico, Colombia and Panama, slapped punitive tariffs on Brazil, and put his finger on the scale of an election in Honduras.