Archive · 28 Aug 2026
G20 Finance Meeting to Address Growth, Imbalances and Iran Sanctions
The United States is hosting a meeting for financial leaders from the world’s largest economies.
They will talk about ways to help economies grow.
They will also discuss trade imbalances, government debt and supply chains.
U.S. officials want countries to compete through innovation and productivity rather than excess production.
Business leaders are expected to discuss barriers to investment and new ideas.
The United States also wants other G20 countries to stop doing certain business with Iran.
Countries that keep those ties could face U.S. secondary sanctions.
Some officials are concerned about high U.S. debt and bond yields.
The Treasury official said bond yields could fall if inflation cools.
The meeting will take place in Asheville, North Carolina, on Monday and Tuesday.
The United States will host G20 finance ministers and central bank governors in Asheville, North Carolina, on Monday and Tuesday.
U.S. officials want agreement on economic growth, global imbalances and sovereign debt challenges.
Discussions will emphasize productivity, innovation, investment and resilient supply chains for critical resources.
The Treasury plans to press G20 members to end remaining business ties with Iran or face possible secondary U.S. sanctions.
The meeting will also address concerns about U.S. debt, elevated bond yields and longer-term Treasury borrowing costs.
- Who
- U.S. Treasury Secretary Scott Bessent, G20 finance ministers and central bank governors, and participating business leaders.
- What
- A U.S.-hosted G20 finance meeting focused on growth, global imbalances, sovereign debt, trade, bond yields and Iran sanctions.
- When
- Monday and Tuesday; the report is dated August 27, with no year specified.
- Where
- Asheville, North Carolina, in the Blue Ridge Mountains.
- Why
- The Trump administration seeks to promote growth, address trade and economic imbalances, lower longer-term borrowing costs and strengthen economic pressure on Iran.
U.S. Treasury Priorities
Concerns and Positions Facing G20 Partners
Trade and economic imbalances
U.S. Treasury Priorities
The U.S. wants economies to compete through productivity, innovation and investment rather than policies that create excess production and capacity for global markets.
Concerns and Positions Facing G20 Partners
The Treasury official said other G20 economies have experienced substantial dumping as the United States has tightened trade barriers, highlighting the pressures facing those markets.
Iran-related economic ties
U.S. Treasury Priorities
The United States wants all G20 members to follow its sanctions campaign against Iran and warns that continued business ties could lead to secondary sanctions and restricted access to the dollar-based Western financial system.
Concerns and Positions Facing G20 Partners
Countries that still maintain business ties with Iran face a choice between those relationships and continued access to the U.S.-centered financial system; the article does not provide their individual responses.
U.S. debt and bond yields
U.S. Treasury Priorities
The Treasury says yields should decline as inflation cools and is taking steps including larger buybacks of 10- to 30-year Treasuries to address longer-term yields.
Concerns and Positions Facing G20 Partners
G20 finance leaders have concerns about rising U.S. debt and bond yields, according to the Treasury official.
- Host
- United States Treasury Secretary Scott Bessent
- Participants
- G20 finance ministers and central bank governors
- Location
- Asheville, North Carolina
- Main economic topics
- Growth, global imbalances and sovereign debt challenges
- Trade focus
- Productivity, innovation, investment and resilient critical-resource supply chains
- Iran policy
- The U.S. plans to press countries to end remaining business ties with Iran
- Debt and yields
- The Treasury is focused on lowering longer-maturity U.S. Treasury yields