In an interview World Bank President Ajay Banga emphasized the importance of strategic patience as President Donald Trump introduced a series of policy initiatives within his first week in office. Banga highlighted Trump’s aggressive approach, which includes tariffs against Canada, Mexico, and China, along with a review of foreign assistance. However, Banga cautioned against quick reactions, urging stakeholders to focus on understanding Trump’s decision-making process and recognizing his practical grasp of numbers, leverage, and advantages.
Banga also addressed rising tensions surrounding a potential trade conflict with Colombia, noting that these concerns have been alleviated following U.S. concessions. The World Bank, meanwhile, continues to monitor developments, particularly potential travel restrictions that could disrupt its operations. He confirmed that the World Bank is currently maintaining a four-day in-office mandate for staff, in contrast to Trump’s federal worker directive, which requires a five-day return to the office.
