Bessent huddles with the G20 to rally allies on Iran
ASHEVILLE, N.C. — Treasury Secretary Scott Bessent is meeting with finance ministers of the world’s largest economies this week at a time when the United States has disrupted the international order with aggressive tariffs on major allies and an unpopular war on Iran that is keeping gas prices high for consumers. As Bessent opened meetings of the Group of 20 finance ministers in Asheville on…
Treasury Secretary Scott Bessent is set to meet with finance ministers from the Group of 20, the world's largest economies, in Asheville, North Carolina. The G20 ministers are meeting amidst rising tensions between the U.S. and Iran, as well as ongoing trade disputes with Canada. Bessent is aiming to focus on strategies to stimulate global economic growth and reduce mounting national debt during the meetings.
However, the atmosphere is tense due to recent hostilities between the U.S. and Iran, and the spike in tariffs between the U.S. and Canada. Bessent has hinted at further pressure on Iran, pledging to sanction another bank as part of his "Operation Economic Outcast." The administration has already taken steps to limit the operations of an Egyptian bank in the UAE, and is prepared to use "financial violence" if necessary.
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- Bessent huddles with the G20 to rally allies on Iran koreatimes.co.kr
