“The future of Argentina’s free-market experiment hinges on its midterm congressional elections Sunday,” the Wall Street Journal reports.

“Rarely are Washington and Wall Street watching a local foreign election this closely, but rarely has so much been riding on the outcome, including a $40 billion U.S. rescue plan.”

“If President Javier Milei’s Freedom Advances party effectively loses the election, the brash libertarian leader’s radical overhaul of Argentina’s economy will come crashing to a halt. If Milei’s party scratches out a narrow win, he will have a fighting chance to carry out phase two of his remake of Argentina.”

The U.S. will impose an additional 10% tariff on Canada, President Trump said, a punitive measure in response to an ad campaign that he said misrepresented comments by former President Ronald Reagan, the Wall Street Journal reports.

“Departing for his first Asia trip of his second term, President Trump publicly called for a meeting with a regional leader not on his diplomatic itinerary: North Korea’s Kim Jong Un,” the Wall Street Journal reports.

“Trump, speaking to reporters on Air Force One en route to Malaysia, reiterated his openness to meeting Kim, asking the media to ‘put out the word.’ Trump concludes his multi-stop trip to Asia in South Korea, where the president would be within roughly 250 miles from the Korean Demilitarized Zone—site of the two leaders’ last face-to-face encounter in 2019.”

“The Ontario government plans to stop running the anti-tariff advertisement that irked President Donald Trump after airing it during broadcasts of baseball’s World Series,” Bloomberg reports.

“The government-funded ad, which featured excerpts of late US President Ronald Reagan criticizing tariffs, will stop appearing after Friday and Saturday’s games, following Trump’s criticism of it.”