Russia’s invasion of Ukraine underscored the risks of overdependence. A changing climate threatened lives and livelihoods. A pandemic exposed the fragility of our supply chains. A shifting global economy left many working Americans and their communities behind.Ī financial crisis shook the middle class. And it helped the United States and many other nations around the world achieve new levels of prosperity.īut the last few decades revealed cracks in those foundations. It sustained thrilling technological revolutions. It lifted hundreds of millions of people out of poverty. Today I’d like to zoom out to our broader international economic policy, particularly as it relates to President Biden’s core commitment-indeed, to his daily direction to us-to more deeply integrate domestic policy and foreign policy.Īfter the Second World War, the United States led a fragmented world to build a new international economic order. I want to start by thanking all of you for indulging a National Security Advisor to discuss economics.Īs most of you know, Secretary Yellen gave an important speech just down the street last week on our economic policy with respect to China. Get Involved Show submenu for “Get Involved””.The White House Show submenu for “The White House””.Office of the United States Trade Representative.Office of Science and Technology Policy.Executive Offices Show submenu for “Executive Offices””.
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