ASHEVILLE, NORTH CAROLINA - SEPTEMBER 1: Treasury Secretary Scott Bessent walks to a press gaggle during the 2026 G20 Financial meetings on September 1, 2026 in Asheville, North Carolina. Finance leaders from the Group of 20 major economies open continued talks at a US-hosted gathering, with the Trump administration seeking to escalate economic pressure on Iran amid a renewed exchange of fire with Tehran. (Photo by Melissa Sue Gerrits/Getty Images)

Chinese President Xi Jinping, with his wife First Lady Peng Liyuan, arrive at Cairo International Airport for an official visit to Egypt, which is his first state visit to the country in 10 years, in Cairo on September 1, 2026. Chinese President Xi Jinping arrived in Egypt on September 1, 2026, making a rare trip to the Middle East as both countries face the threat of US sanctions over financial links to Iran. (Photo by Mohamed Abd El Ghany / POOL / AFP via Getty Images)

Chinese President Xi Jinping, with his wife First Lady Peng Liyuan, wave as they arrive at Cairo International Airport for an official visit to Egypt, which is his first state visit to the country in 10 years, in Cairo on September 1, 2026. Chinese President Xi Jinping arrived in Egypt on September 1, 2026, making a rare trip to the Middle East as both countries face the threat of US sanctions over financial links to Iran. (Photo by Mohamed Abd El Ghany / POOL / AFP via Getty Images)

ASHEVILLE, NORTH CAROLINA - SEPTEMBER 1: Treasury Secretary Scott Bessent speaks as he joins FOX Business Network host Larry Kudlow for a fireside chat during the 2026 G20 Financial meetings on September 1, 2026 in Asheville, North Carolina. Finance leaders from the Group of 20 major economies open continued talks at a US-hosted gathering, with the Trump administration seeking to escalate economic pressure on Iran amid a renewed exchange of fire with Tehran. (Photo by Melissa Sue Gerrits/Getty Images)

ASHEVILLE, NORTH CAROLINA - SEPTEMBER 1: Treasury Secretary Scott Bessent speaks as he joins FOX Business Network host Larry Kudlow for a fireside chat during the 2026 G20 Financial meetings on September 1, 2026 in Asheville, North Carolina. Finance leaders from the Group of 20 major economies open continued talks at a US-hosted gathering, with the Trump administration seeking to escalate economic pressure on Iran amid a renewed exchange of fire with Tehran. (Photo by Melissa Sue Gerrits/Getty Images)

ASHEVILLE, NORTH CAROLINA - SEPTEMBER 1: Treasury Secretary Scott Bessent speaks as he joins FOX Business Network host Larry Kudlow for a fireside chat during the 2026 G20 Financial meetings on September 1, 2026 in Asheville, North Carolina. Finance leaders from the Group of 20 major economies open continued talks at a US-hosted gathering, with the Trump administration seeking to escalate economic pressure on Iran amid a renewed exchange of fire with Tehran. (Photo by Melissa Sue Gerrits/Getty Images)

ASHEVILLE, NORTH CAROLINA - SEPTEMBER 1: Treasury Secretary Scott Bessent speaks as he joins FOX Business Network host Larry Kudlow for a fireside chat during the 2026 G20 Financial meetings on September 1, 2026 in Asheville, North Carolina. Finance leaders from the Group of 20 major economies open continued talks at a US-hosted gathering, with the Trump administration seeking to escalate economic pressure on Iran amid a renewed exchange of fire with Tehran. (Photo by Melissa Sue Gerrits/Getty Images)

ASHEVILLE, NORTH CAROLINA - SEPTEMBER 1: Treasury Secretary Scott Bessent (R) joins FOX Business Network host Larry Kudlow for a fireside chat during the 2026 G20 Financial meetings on September 1, 2026 in Asheville, North Carolina. Finance leaders from the Group of 20 major economies open continued talks at a US-hosted gathering, with the Trump administration seeking to escalate economic pressure on Iran amid a renewed exchange of fire with Tehran. (Photo by Melissa Sue Gerrits/Getty Images)