Add Axios as your preferred source to
see more of our stories on Google.
Treasury Secretary Scott Bessent at the Economic Club of New York. Photo: Krisanne Johnson/Bloomberg via Getty Images.
In a speech in New York on Tuesday night, Treasury Secretary Scott Bessent said that a long-running bet on cheaper goods and deeper economic integration making America richer and safer had failed.
Why it matters: The speech set a framework for President Trump's economic policies since his second term, including tariffs and calls for reshoring.









