US urges nations to back ‘trade over aid’ plan as UN warns against privatizing assistance

The U.S. is urging other nations to back a “trade over aid” initiative at the United Nations as part of the Trump administration’s broader shift away from donor-focused development assistance and toward greater private investment. The U.N. is warning against privatizing a global aid system that delivers crucial assistance to some of the world’s most vulnerable populations. Ahead of the initiative being formally introduced at the U.N. this month, Secretary of State Marco Rubio has ordered all U.S...