Speaking before the Institute of International Finance, Treasury Secretary Scott Bessent leveled criticism of the World Bank and International Monetary Fund, urging them to go "back to basics" in their focus as financial institutions, but also offered support, stressing the United States' desire to continue its leadership role.

In April alone, the Treasury Department reported $15.9 billion in tariff collections, compared to $9.6 billion the previous month, according to official data.