Remarks by Secretary of the Treasury Scott Bessent at the APEC Economic Leaders’ Informal Dialogue

As prepared for delivery Thank you, Chairman. I am honored to be here on behalf of President Trump to join fellow APEC economies in advancing a more connected and resilient region. Our shared prosperity depends on fair and secure trade and investment flows. Under President Trump’s leadership, the United States is rebalancing its trade relationships to build a stronger foundation for global growth. This ensures that each country operates on fair and reciprocal terms. A more balanced global system is one that is grounded in transparency, market access, and fair competition, and also one that supports growth across all APEC economies. We are taking decisive steps to secure and diversify global supply chains. From critical minerals and magnets to semiconductors and energy, the United States is investing with its trading partners to build resilient production networks that reduce dependence on vulnerable sectors.