US Treasury Secretary Bessent Faces G20 Test on Tariffs, Iran Ties, and Bond Markets

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 Emmanuel Tetteh