G20 countries should consider more trade barriers on China to cut imbalances, Bessent says
U.S. Treasury Secretary Scott Bessent said on Sunday (August 30, 2026) 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. Mr. Bessent said in an interview ahead of a G20 finance leaders meeting that…