SENSEX
NIFTY
GOLD
USD/INR

Weather

image 29    C

Global Business News

The Economic Times

Global Business / The Economic Times

details

Scott Bessent: Can use US balance sheet for foreign policy

US Treasury Secretary Scott Bessent elaborated on leveraging financial mechanisms to achieve foreign policy objectives. He argued that this strategy fosters stronger alliances across the Western Hemisphere, highlighting Argentina as a key example of this tactic, which received substantial financial support to stabilize its currency and reinforce governance. His remarks clearly reflect the Trump administration's financial diplomacy approach.

10 Sep 2026 12:46 am