Bessent says IMF, World Bank need reform, there's 'opportunity for big deal' with China https://www.taxtmi.com/news?id=41832 The United States will leverage its leadership at the IMF and World Bank to push the institutions to focus on core mandates and curb mission creep-criticising disproportionate attention to climate, gender and social programs-and will condition continued engagement on demonstrable institutional refocus. Parallel trade policy uses tariff leverage and negotiation to reshape bilateral economic relations, and U.S. officials advocate recalibrating how global institutions treat China, urging a negotiated rebalancing of economic roles between the two countries. en-us Thu, 24 Apr 2025 04:46:03 +0530 Thu, 24 Apr 2025 04:46:03 +0530 TaxTMI RSS Generator Bessent says IMF, World Bank need reform, there's 'opportunity for big deal' with China https://www.taxtmi.com/news?id=41832 The United States will leverage its leadership at the IMF and World Bank to push the institutions to focus on core mandates and curb mission creep-criticising disproportionate attention to climate, gender and social programs-and will condition continued engagement on demonstrable institutional refocus. Parallel trade policy uses tariff leverage and negotiation to reshape bilateral economic relations, and U.S. officials advocate recalibrating how global institutions treat China, urging a negotiated rebalancing of economic roles between the two countries. News - Thu, 24 Apr 2025 04:46:03 +0530 https://www.taxtmi.com/news?id=41832