Argentina’s midterm elections on October 26, 2025, brought surprises that reshaped the country’s political landscape. Libertarian President Javier Milei gained significant victories, securing over 40% of the vote while the left-leaning Peronist opposition garnered just 31%. This win boosts Milei’s power, allowing him to implement his controversial free-market reforms supported by billions from the Trump administration.
In a crucial moment for his administration, Milei’s party, La Libertad Avanza, gained 14 seats in the Senate and 64 in the lower house of Congress. This positions him strongly to resist impeachment attempts and push through legislative changes. “The Argentine people have decided to leave behind 100 years of decadence,” Milei declared, emphasizing the shift from past Peronist policies that led to economic strife.
However, the election’s significance extends beyond Milei’s triumph. The U.S. government, represented by Donald Trump, had linked crucial financial support—totaling $40 billion—to Milei’s performance at the polls. Trump’s comments hinted at a willingness to withdraw support if Milei did not secure a strong showing, which heightened tensions leading up to the election.
While Milei celebrates the result as an endorsement of his austerity measures, experts are cautious. Political consultant Sergio Berensztein points out that securing a majority in Congress remains elusive, urging Milei to forge alliances with other political groups. His ambitious plans for reform may face challenges from both the public and political sectors.
Public sentiment is mixed, with some enjoying the benefits of reduced inflation—from a staggering 289% in April 2024 to 32%—while others struggle. For instance, luxury car dealerships report increased sales, but many, like 64-year-old Epifanía Contreras, express frustration at the hardships caused by spending cuts. She struggles to survive on her diminished pension with soaring prices, illustrating the divide in the electorate. The disillusionment is reflected in voter turnout, which dipped below 68%, one of the lowest since the return to democracy in 1983. Many voters express feelings of obligation rather than enthusiasm about their choices.
This election reflects a broader trend in Argentina. As social media buzzes with reactions to Milei’s win and ongoing reforms, many fear the long-term impact of austerity measures. Politicians from the Peronist camp, once dominant, now face the reality of a weakened and fragmented coalition, struggling to respond to Milei’s aggressive policies.
Overall, the future remains uncertain for Milei as he navigates political alliances and growing public discontent. The challenge lies in balancing necessary economic reforms with the welfare of average Argentines, who are caught in a growing divide between prosperity and struggling to make ends meet.
