G20 finance leaders close talks marked by U.S. welcoming Russia
U.S. Treasury Secretary Scott Bessent said the fact that nearly all participants agreed to a final statement suggested "there has been no impact" from Russia's attendance.
On Tuesday, G20 finance leaders, with the exception of China, agreed to take action against "non-market" policies and distortions that cause an over-reliance on exports and hinder growth, according to the Trump administration. The meeting primarily targeted China, while a separate gathering of industry leaders and commerce ministers focused on a hands-off approach to AI regulation.
U.S. Treasury Secretary Scott Bessent confirmed his earlier predictions that tougher U.S. tariffs would result in an influx of Chinese goods into other markets.
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