In his State of the Nation address, Milei outlined a broad reform agenda focused on deregulation, tax reform, and an open, more competitive economy, all anchored by strict fiscal discipline to curb inflation.

Unions signaled continued domestic opposition by staging a general strike to resist Milei’s labor-law reforms.

He framed Argentina’s alliance with the United States as rooted in cultural affinity and strategic aims, with the South Atlantic as a key arena for future competition over trade routes, resources, and maritime sovereignty.

Milei delivered a combative speech, attacking opponents while rallying support for long-term structural changes rather than quick fixes.

Despite 2025 growth of about 4.4% and ongoing austerity, social discontent persists with significant job losses and continuing challenges in industry and commerce.

The address underscored Milei’s political momentum: since taking office, he has strengthened his position with midterm gains and approval of controversial labor deregulation measures.

Delivered after a turbulent 2025 and amid midterm success, the speech highlighted congressional approval of his labor modernization law, reinforcing his reform drive.

Observers regard Milei as a dominant figure with a weakened opposition, signaling continued reforms despite warnings from business leaders about potential costs to employment and welfare.

Overall, Milei pushed a long-term pivot toward a stronger U.S. partnership alongside an aggressive domestic reform agenda.

Milei, who calls himself an anarcho-capitalist, has cut government size and subsidies since late 2023, achieving a primary budget surplus and reduced inflation, but at the cost of slower growth, pension cuts, and rising unemployment.

These austere policies have historically led to slower growth and job losses, with thousands of companies closing and hundreds of thousands of jobs shed, according to union figures.

Milei claimed notable macroeconomic gains, including inflation reduction from a high double-digit level to around 32% year-over-year, while outlining reforms across fiscal policy, judiciary, penal code, and electoral system without detailed implementation steps.