EconomyUS urges G20 to cut trade imbalances, focus on China
US Treasury Secretary Scott Bessent urged G20 members to follow the Trump administration’s approach of using tariffs and other measures to protect domestic industries and jobs from Chinese imports. He said trade distortions were draining global growth, while officials also discussed uncertainty from debt, inflation and tariff disputes. Economists and politicians have criticised US tariffs for raising consumer costs and straining allies.
US urges G20 to cut trade imbalances, focus on China
Economy