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G20 Finance Meeting Amid Global Trade Turmoil | US News
Treasury Secretary Bessent hits the global stage at the G20 finance meeting amid escalating trade wars, Iran’s disruptive war, and soaring commodity prices. With U.S. tariffs hitting dozens of G20 nations over forced labor and industrial subsidies, Europe frets over Chinese exports while China remains defiant. Bond yields hit 19-year highs — until Bessent stunned markets by doubling Treasury buybacks — sparking debate over intervention. As tensions mount and consensus slips, the U.S. pushes for deregulation and private innovation, hoping to steer the G20 back to growth — but not everyone’s…
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