American Manufacturers over Argentine Bailouts Act

This bill prohibits using U.S. Exchange Stabilization Fund money to support Argentina (Section 2) and creates a $20 billion relief program for U.S. small and medium manufacturers harmed by presidential tariffs between 2025-2029 (Section 3). Eligible manufacturers (employing <500 people, sourcing ≥50% domestic steel/aluminum, and avoiding "foreign entities of concern" for inputs) can apply for reimbursement covering their exact tariff-related financial losses. The program requires applicants to detail their U.S. production, affected imported inputs, and specific financial harm. It redirects funds previously available for Argentina toward direct financial support for qualifying domestic manufacturers.