Tuesday, 02 January 2024 12:17 GMT

US Pushes Global Trade Message Amid Shutdown


(MENAFN) An unsettling quiet looms over the epicenter of American financial authority.

The US Treasury Department, much like the broader federal government, is currently non-operational due to a widespread shutdown.

The majority of its employees have been placed on temporary leave, just as international economic leaders gather nearby for the International Monetary Fund's annual summit. Ironically, these high-profile visitors are arriving on delayed flights overseen by a skeleton crew of unpaid air traffic controllers.

Despite the dysfunction at home, the Trump administration is determined to send a strong message—not to the American public, but to the international community trying to make sense of unfolding global events.

This message was recently delivered during a closed-door briefing held in the Treasury’s grand Cash Room, a historical and lavish chamber that once welcomed President Ulysses Grant following the Civil War.

"Make no mistake," declared Treasury Secretary Scott Bessent, flanked by Trade Ambassador Jamieson Greer, as they issued a pointed statement amid the intensifying global trade disputes of 2025.

"This is China versus the world."

This pointed remark underscores the broader economic tensions currently reverberating across international markets.

Among the developments contributing to this volatile climate are China's fresh export restrictions on key raw materials, anxieties about a potential collapse in the artificial intelligence sector, unpredictable shifts in global tariffs, and even the unexpected rise of an erotic chatbot developed by OpenAI.

Together, these elements highlight a moment of profound uncertainty and transformation in the global economic landscape—one that is playing out even as America's own financial hub stands eerily still.

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