US Treasury Secretary Faces G20 Test Amid Iran War, Tariffs, and Bond Turmoil

U.S. Treasury Secretary Scott Bessent is set to engage in critical economic diplomacy at the G20 meeting, aiming to address global trade imbalances, boost growth, and press for severed business ties with Iran. The meeting occurs amidst massive uncertainty over new tariffs, a trade dispute with Canada, and high energy and commodity prices exacerbated by the ongoing Iran war, which has kept the Strait of Hormuz closed.