US Treasury’s Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoil

U.S. Treasury Secretary Scott Bessent faces a major test of his economic diplomacy skills this week as he presses finance leaders from the G20 major economies to shrink global trade imbalances, boost ​growth and sever business ties to Iran, while trying to calm worries about rising U.S. debt and bond yields.

By David Lawder ASHEVILLE, North Carolina, Aug 30 (Reuters) - U.S. Treasury Secretary Scott Bessent faces a major test of his economic diplomacy skills this week as he presses finance leaders from the G20 major economies to shrink global trade imbalances, boost growth and sever business ties to Iran, while trying to ca

US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoil  Reuters

ASHEVILLE, North Carolina, Aug 30 - U.S. Treasury Secretary Scott Bessent faces a major test of his economic diplomacy skills this week as he presses finance leaders from the G20 major economies to shrink global trade imbalances, boost growth and sever business ties to Iran, while trying to calm worries about rising U.