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Story summary
- Treasury Secretary Scott Bessent urged G20 members to emulate the United States economy during a finance session in Asheville, N.C.
- He praised the U.S. economy under President Donald Trump despite allies’ complaints that Trump’s policies hurt their economies.
- European, Canadian and other allies said the Iran war has disrupted energy markets and shipping.
- Allies questioned Bessent’s surprise sale of U.S. euro holdings last month to support Japan’s yen.
