U.S. Treasury Secretary Scott Bessent to Press G20 Leaders on Trade Imbalances and Iran Sanctions

U.S. Treasury Secretary Scott Bessent is set to engage G20 finance leaders in Asheville, North Carolina, this week, aiming to address global trade imbalances, foster economic growth, and advocate for severing business ties with Iran. The discussions will also touch upon concerns regarding rising U.S. debt and bond yields. This meeting marks Bessent's effort to re-engage with the G20 process under U.S. leadership, particularly amidst uncertainties surrounding the Trump administration's tariff policies and the ongoing Iran war.