Walter Russell Mead appears on Fox Business to discuss United States Treasury Secretary Scott Bessent’s recent speech, which explained that the US is in danger due to its reliance on unfriendly countries for semiconductors and other key imports. Mead says the speech signifies a focus on a rebalanced approach to American trade policy in the unstable era of world politics.
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Russian President Vladimir Putin and Chinese President Xi Jinping enter the hall during a signing ceremony on May 20, 2026, in Beijing, China. (Getty Images)