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flag U.S. to send $20B to Argentina to counter China’s influence, sparking diplomatic backlash.

flag U.S. Treasury Secretary Scott Bessent said a $20 billion financial package for Argentina aims to reduce China’s influence and secure access to the country’s natural resources, with President Javier Milei set to visit the White House. flag The Chinese Embassy in Argentina condemned the remarks as provocative and rooted in Cold War thinking, accusing the U.S. of interfering in sovereign nations’ affairs. flag It stressed that China’s cooperation with Latin America and the Caribbean is based on mutual benefit and respect, and urged the U.S. to support regional development instead of creating divisions.

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