{
  "id": 4524201,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-30T23:32:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "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 nations should reconsider their trade relations with China to address global imbalances, according to Reuters. Bessent made these remarks in an interview prior to a G20 finance leaders' meeting, emphasizing that the current surge in Chinese exports is unsustainable. Despite the improvement in the U.S.'s trade position with China, Bessent warned that China cannot maintain a $1.2 trillion trade surplus. He argued that the Chinese economy is struggling and that Beijing needs to rebalance its economy away from exports. The U.S. has implemented significant tariffs and bans on certain Chinese goods, such as automobiles, causing China to redirect its exports to other regions, notably Europe and Latin America. Bessent believes that other countries must provide China with incentives to shift towards domestic consumption and away from export-driven growth.",
  "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": [],
  "editors_take": null,
  "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",
        "published": "2026-08-30T23:27:02.000Z"
      },
      {
        "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."
}