Secretary of State Mike Pompeo outlined his vision of the State Department's role in America's economic revival through a broad-ranging policy speech at the Detroit Economic Club on June 18, 2018. "Economic diplomacy has always been central, when done right, to the State Department’s mission," Secretary Pompeo emphasized.
The Secretary highlighted economic diplomacy's role in President Donald J. Trump's National Security Strategy.
Secretary Pompeo also highlighted a number of ways that the State Department engages in economic diplomacy.
"First, we’re working to maintain American sovereignty on the world economic scene. If the U.S. Government does not participate in robust international economic engagement, we will lose out to places like China. But we can never lose our economic sovereignty in doing so."
"Second, the State Department has a primary responsibility ensuring markets are open."
- Secretary Pompeo