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SecScottBessent
Last Friday, I held good talks with European Commissioner for Trade and Economic Security @MarosSefcovic. During our discussions, we addressed the new U.S.-EU Action Plan for Critical Minerals, as well as progress made on the 2025 EU-U.S. Joint Statement, including significant EU investments in American autos, pharmaceuticals, and energy. We also addressed shared priorities in regard to economic security, investment screening, and addressing risks from overcapacity production. I emphasized the need to address Iran’s threat to the Strait of Hormuz and noted the U.S. @g20org Presidency’s focus on efforts to keep food and fertilizer supply chains well-functioning.

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