Bessent Says China Was 'Dissenter', Blocking Unanimous G20 Communique (Full Remarks)

The G20 ministerial meeting in Asheville prioritized strategies for sustainable global economic growth and enhanced private sector collaboration. While 19 member nations reached a consensus on critical economic reforms, China dissented due to ongoing disputes over global trade imbalances and non-market economic practices. The U.S. administration emphasized its commitment to American energy dominance and the use of economic pressure to neutralize threats from Iran, specifically targeting financial channels that support the regime. Furthermore, the discussion highlighted the transformative potential of artificial intelligence, with the U.S. aiming to secure 80% of global compute capacity by 2028 to drive productivity. The event also showcased Asheville as a global destination, with significant projected economic benefits for the region while reinforcing the administration's focus on deregulation and industrial reshoring to bolster domestic prosperity.