BESSENT to overcome the G20 Finance Ministers meeting in South Africa

Treasury Secretary Scott Beesen will exceed a meeting of financial ministers and central bankers from a group of 20 countries in Cape Town next week, according to persons familiar with his plans, deepening the rift between the United States and South Africa due to the policies that the Trump administration believes is the anti -America.

The decision to abandon such a main economic gathering is very unusual for the Treasury Secretary, especially the one that was confirmed to its position three weeks ago. It comes in a pivotal moment of the global economy, as the United States is moving towards imposing a tariff on almost all its commercial partners. President Trump is also seeking deeper economic relations with Russia, a opponent who has agreed to the United States in coordination with Western allies until he returned to his position.

The decision of Mr. Pesin came after boycotting a similar meeting this week for foreign ministers in Johannesburg by Foreign Minister Marco Rubio. Mr. Rubio said that he was overcoming the gathering because he did not want to “waste the money of taxpayers or encrypt America.”

Mr. Trump indicated that he does not see a small value in multilateral meetings such as Group 20, and it is preferable to hold bilateral negotiations with other countries. The subject of this year’s meetings is “Solidarity, Equality and Sustainability”, which the administration considers unlike with its views on climate change policies and diversity policies.

This gathering was the first opportunity for Mr. Pesin to meet his global counterparts and talk with senior financial officials from Europe, China and Russia.

Mark Sobil, who served in the Treasury, has almost four decades ago, called for a “huge mistake.” He pointed out that such gatherings were an opportunity for the Trump administration to set its global priorities and discuss the state of the global economy and central issues such as exchange rates.

“The Trump administration and Skeat Bessin prove their noses in the international economic and financial system.” “This will not make America larger or more safe.”

The Group of Twenty was established in 1999 after the Asian financial crisis as a forum for financial ministers and central bankers to meet and discuss international economic issues and financial stability.

The group’s meetings have been embarrassed in recent years due to tension between Russia and Western allies, including the United States, on the war in Ukraine. But the Trump administration made it clear that it intends to follow a different approach with Russia because it is looking to negotiate the end of the war.

Mr. Trump suggested this week Perhaps Ukraine was responsible On Wednesday, the conquest of Russia referred to the Ukrainian President, Folodimir Zelinski, on social media as a “dictator without elections.”

Mr. Bessent’s decision not to attend meetings will come as disappointment and surprise for South Africa. An official from the Ministry of International Relations and Cooperation on social media has been published this week that the Treasury Secretary is expected to attend meetings at Cape Town.

A spokeswoman for Mrs. Pesin had no comment on Wednesday.

Another person familiar with the situation said that Mr. Bessent was in regular contact with his international counterparts and chose to stay in the United States next week to focus on local matters. The person said that one of the senior Treasury officials would attend the meetings in his place.

Diplomatic tension appeared between the United States and South Africa as a sudden transformation of events this year.

Earlier this month, Mr. Trump ordered everything South Africa’s external assistance is stopped He said that his administration will give priority to the resettlement of the eggs, the “African refugees” in the United States because of what he called the actions of the country’s government that “land owners who are disorganized racist.”

Mr. Trump’s recent comments were in reference to a policy signed by President Cyril Ramavusa from South Africa last month.

The law is known as the confiscation law, and it cancels the policy of the era of apartheid, and in some cases the government allows the acquisition of lands owned by private ownership in the public interest without paying compensation. This can only be done after the justification process is subject to judicial review.