{
  "id": 4522794,
  "title": "G20 countries should consider more trade barriers with China to cut imbalances, Bessent says",
  "url": "https://urgent.news/2026/08/30/g20-countries-should-consider-more-trade-barriers-with-china-to-cut",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-30T23:27:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/world/20260831/g20-countries-should-consider-more-trade-barriers-with-china-to-cut-imbalances-bessent-says"
  },
  "original_language": "en",
  "account": "U.S. Treasury Secretary Scott Bessent has suggested that G20 countries should reconsider their trade relationships with China in order to address global imbalances, according to Reuters. Speaking ahead of a G20 finance leaders meeting, Bessent argued that the ongoing flow of Chinese exports is unsustainable, despite the U.S.'s improving trade position with China. He emphasized that China's economy is weak and that the country needs to rebalance away from export-driven growth. The U.S. has implemented high tariffs and bans on certain Chinese products, prompting China to redirect its exports to other regions, particularly Europe and Latin America. Bessent stressed that it would be up to other countries to provide China with incentives to shift towards domestic consumption and away from exports.",
  "summary": "ASHEVILLE, North Carolina — U.S. Treasury Secretary Scott Bessent told Reuters on Sunday that he will encourage G20 member countries to re-examine their terms of trade with China as part of efforts to shrink global imbalances and press Beijing to rebalance its economy away from exports towards more domestic consumption. Bessent said in an interview ahead of a G20 finance leaders meeting that the…",
  "key_points": [
    "U.S. Treasury Secretary Scott Bessent suggests G20 should reconsider trade with China.",
    "China's economy weak, needs to rebalance away from exports.",
    "Other countries to provide incentives for China to shift towards domestic consumption."
  ],
  "editors_take": "G20 countries may need to adjust their trade policies with China to address global imbalances, as US Treasury Secretary Bessent suggests they consider more trade barriers to prompt a shift away from export-driven growth.",
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "TechCrunch",
        "title": "The U.S. is building barriers around drones and robots, but China has scale to get around them",
        "url": "https://urgent.news/2026/08/28/the-u-s-is-building-barriers-around-drones-and-robots-but-china-has",
        "published": "2026-08-28T18:00:00.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "G20 countries should consider more trade barriers with China to cut imbalances, Bessent says",
        "url": "https://urgent.news/2026/08/30/g20-countries-should-consider-more-trade-barriers-with-china-to-cut-4527029",
        "published": "2026-08-30T23:12:42.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "G20 countries should consider more trade barriers with China to cut imbalances, Bessent says",
        "url": "https://urgent.news/2026/08/30/g20-countries-should-consider-more-trade-barriers-with-china-to-cut-4524201",
        "published": "2026-08-30T23:32:02.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "G20 countries should consider more trade barriers with China to cut imbalances, says Bessent",
        "url": "https://urgent.news/2026/08/30/g20-countries-should-consider-more-trade-barriers-with-china-to-cut-4536107",
        "published": "2026-08-30T23:56:35.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}