United States Emphasizes Global Partnership

In a significant address at the Institute of International Finance (IIF), United States Treasury Secretary Scott Bessent clarified the 'America First' policy, stating, "America first doesn't mean America alone." This statement underscores the administration's commitment to fostering international cooperation.

Rebalancing Global Commerce

Bessent highlighted the administration's efforts to "rebalance the global commerce" and restore fairness in the international economic system. He emphasized the importance of deeper collaboration and mutual respect among trade partners to achieve these goals.

Call for Reform in International Organizations

Addressing the role of international bodies, Bessent pointed out the need for the International Monetary Fund (IMF) and the World Bank to become more effective and efficient. This call to action reflects the administration's vision for a more equitable global financial landscape.