At the 2026 Reagan National Economic Forum, Treasury Secretary Scott Bessent addressed the nation’s economic future, emphasizing the need to align trade policy, industrial capacity, and national security. He argued that long‑standing reliance on foreign supply chains for critical minerals, pharmaceuticals, and shipbuilding has eroded America’s sovereignty. Bessent cited President Trump’s actions—including the America First Trade Policy, Section 232 investigations, and executive orders on critical minerals, maritime capacity, and pharmaceutical ingredients—to counter strategic dependence. He stressed that economic security is not about retreat but about building resilient, domestic production and fair trade relationships. The secretary called for restoring industrial base, safeguarding supply chains, and ensuring that economic policy supports national resilience.
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