MercoPress. South Atlantic News Agency

Argentine financial markets record setback after Milei's failed mission

Argentine financial markets experienced a sharp decline Friday amid the global economic storm triggered by a trade war between the U.S. and China following President Donald Trump’s tariffs spree. The market downturn, compounded by a nearly 7% drop in oil prices and a 10-year U.S. rate at 3.87%, reflects fears of a global economic setback, prompting expectations of Federal Reserve rate cuts. Read full article