U.S. Treasury Secretary Scott Bessent says U.S. economic statecraft should be shaped, in part, by reducing vulnerabilities that could allow adversaries to restrict essential supplies. Speaking at the Economic Club of New York, Bessent warns that the United States should not be placed in a position of relying on foreign chokepoints for critical goods or trade flows. His remarks frame supply security as a policy consideration alongside other economic goals, emphasizing that the country must address potential points of leverage that could be used to curtail vital materials during geopolitical tensions. The comments align with broader concerns in U.S. economic and national security policy about supply chain resilience, diversification of sources, and mitigating risks from concentration in any single region or provider. Bessent’s message centers on the need to strengthen the U.S. ability to maintain access to critical inputs even if external actors attempt to disrupt supply routes or limit availability.