From Risk to Opportunity: U.S. Economic Strategy in a Debt-Burdened World

U.S. companies are expanding further into emerging markets, but growing sovereign debt risks are threatening their investment plans and the stability of global trade. Today, over half of the world’s low-income countries face a high risk of default. This puts the G20’s Common Framework for Debt Treatments at a critical juncture. Its ability to deliver timely relief will shape market stability, investor confidence, and the competitiveness of American businesses abroad.

With the U.S. set to lead the G20 in 2026, there’s an opportunity to advance long-overdue reforms. By bringing business perspectives into sovereign debt discussions, the U.S. can help build a more predictable, rules-based system that supports global growth and protects American commercial interests.

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