The U.S. Secretary of the Treasury, Scott Bessent, is intensifying efforts to economically isolate Iran during meetings with counterparts from G20 countries, an American official reported on Thursday. These negotiations are taking place against a backdrop of escalating trade and military tensions.
Finance ministers and central bank heads from the twenty largest economies are scheduled to meet in the mountain city of Asheville, North Carolina, next Monday and Tuesday. These discussions are the first of a series of important ministerial meetings this year.
These meetings set the tone for the upcoming G20 leaders' summit, which will be hosted by President Donald Trump in Florida in December.