US Treasury Secretary Bessent recently called for increased international cooperation in global finance during a speech. Bessent criticized the International Monetary Fund (IMF) and World Bank for veering off course from their primary objectives. This stance indicates a more nuanced outlook towards global financial policies. However, this sentiment was swiftly challenged by the White House, which reiterated its stance on keeping tariffs on China in place until a revised trade agreement is secured. The conflicting viewpoints between the Treasury Secretary and the White House underscore the complexities of international economic relations. This discourse highlights the ongoing tensions and varying perspectives within the US government on trade and financial matters. The differing opinions also reflect the broader challenges faced in navigating the intricate landscape of global finance.

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US Treasury Secretary calls for global cooperation; criticizes IMF, World Bank, while White House stands firm on China tariffs.
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