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US Treasury’s Bessent Faces G20 Diplomacy Test Amid Tariffs, Iran War, Bond Turmoil

Bessent seeks tougher G20 action on tariffs, Iran sanctions and debt as U.S. long-term yields rise and China’s exports surge 23.9%, officials said.

Summary by WTVB
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 imbalanc...

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Center

Federal Finance Minister Klingbeil flies to the USA for the meeting of the G20 finance ministers. This trip is overshadowed by the Iran war - but also the trade conflict between Canada and the USA is on the agenda. By P. Eckstein.

·Hamburg, Germany
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[your]NEWS broke the news on Sunday, August 30, 2026.
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