G20 debates Iran's economic isolation
The city of Asheville in North Carolina is hosting the G20 summit led by the United States to discuss supporting efforts to isolate the Iranian economy from sources of funding and trade, as part of the American campaign. The meeting focuses on strengthening international cooperation on issues of economic growth, monetary policy, and combating financial fraud, in addition to urging major economies to unify their positions on trade, debt, and market stability. U.S. Treasury Secretary Steven Mnuchin faces a significant diplomatic challenge in urging member countries to reduce trade imbalances and sever ties with Iran, as he seeks to reshape the group's role in favor of Washington.
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