Treasury Secretary Bessent: We will get on the other side of the Iran conflict

• US growth agenda focuses on deregulation, energy certainty, and tax certainty, similar to European recommendations.
• Sanctions on Iran ('Operation Economic Outcast') are intended to create conditions for the regime to negotiate, citing currency collapse and high inflation.
• Bessent believes China shares common interests with the US regarding Iran's nuclear program and freedom of navigation in the Strait of Hormuz, despite public resistance to sanctions.

Treasury Secretary Scott Bessent discusses the G20 Finance Ministers meeting, emphasizing US growth drivers like deregulation and tax certainty. He outlines the US strategy to pressure Iran through economic sanctions, aiming to bring them to the negotiating table to address their nuclear program and regional destabilization. Bessent expresses confidence in the effectiveness of sanctions, even without explicit public support from China, citing shared interests.