G20 countries should consider more trade barriers on China to cut imbalances, Bessent says

The Straits Times The Straits Times

ASHEVILLE, North Carolina, Aug 30 - U.S. Treasury Secretary Scott Bessent said on Sunday he will encourage G20 members to re-examine terms of trade with China to shrink global imbalances and press Beijing to rebalance its economy away from exports and toward domestic consumption.

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