AXIOS (Courtenay Brown) - Homegrown U.S. economic strategy is the right path: Treasury Secretary Bessent
In a speech in New York on Tuesday night, Treasury Secretary Scott Bessent said that a long-running bet on cheaper goods and deeper economic integration making America richer and safer had failed. Why it matters: The speech set a framework for President Trump's economic policies since his second term, including tariffs and calls for reshoring. - But it also suggests that those policies may be part of a broader rethinking of globalization that extends well beyond one administration. - If that's right, investors betting on a return to the old globalization playbook may be waiting a long time. What they're saying: "The nation that depends on its adversaries for critical inputs is not truly sovereign. And the nation that reduces its…