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Current global trade system 'not sustainable' for U.S., Bessent says

[Trade](/Economy/Trade)

Treasury secretary outlines Trump's 'America First' economic agenda in address

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U.S. Treasury Secretary Scott Bessent speaks at an Economic Club of New York event on March 6. © Reuters

JACK STONE TRUITT

NEW YORK -- U.S. Treasury Secretary Scott Bessent criticized the current international trade system on Thursday as "not sustainable" for the U.S., saying President Donald Trump's tariff policies have begun the process of reorienting Washington's international economic relations toward an "America First" policy.

"To the extent that another country's practices harm our own economy and people, the United States will respond. This is the 'America First' trade policy," Bessent said.

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