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EconomyUS Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war and bond turmoil

U.S. Treasury Secretary Scott Bessent faces a major test of his economic diplomacy this week as he urges finance leaders from the G20 economies to reduce global trade imbalances, support growth and cut business ties with Iran. He must also ease concerns over rising U.S. debt and bond yields.

US TreasuryG20TariffsIran war

People in this report Scott Bessent

RReuters★★★★☆2026-08-30 10:15Original

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