US to Push Economic Pressure on Iran at G20 Finance Talks
Bessent will urge G20 counterparts to comply with U.S. sanctions and warn of secondary penalties as Washington steps up pressure on Tehran.
- Treasury Secretary Scott Bessent will host G20 finance ministers in Asheville, North Carolina, next Monday and Tuesday, aiming to secure international compliance with United States sanctions on Iran.
- War in the Middle East following February strikes has plunged the region into conflict, causing energy costs to surge amid ongoing trade tensions clouding the gathering.
- During bilateral meetings, Bessent will press counterparts to enforce secondary sanctions isolating Iran economically, though engaging China—the main buyer of Iranian oil—presents a difficult diplomatic challenge.
- Josh Lipsky, chair of international economics at the Atlantic Council, warned aggressive stances might alienate partners, saying "it just creates the broader feeling of, could this group fracture?".
- These Asheville talks serve as the first of several ministerial meetings this year, establishing the agenda for the G20 leaders' summit President Donald Trump will host in Florida this December.
14 Articles
14 Articles
Scott Bessant welcomes finance ministers and central bankers to North Carolina on Monday and Tuesday
(Seoul = Yonhap News) Reporter Jang Jae-eun = The United States is pressuring the Group of 20 (G20) to join economic sanctions against Iran.
US-hosted G20 finance meeting to target growth, imbalances, Iran sanctions, Treasury official says
By David Lawder WASHINGTON, Aug 27 (Reuters) - The Trump administration aims to have finance leaders from the Group of 20 major economies agree next week on steps to boost economic growth, reduce global imbalances and tackle sovereign debt challenges w...
US to push economic pressure on Iran at G20 finance talks
The upcoming meeting of G20 finance ministers and central bank governors will focus on global economic growth, international imbalances, rising public debt and economic sanctions against Iran. A senior US Treasury official said on Thursday that the Trump administration is seeking an agreement among economic leaders of the world's 20 largest economies on specific measures that could boost growth and reduce global economic imbalances.
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
