{
  "id": 5100034,
  "title": "Scott Bessent says 19 of the G20 finance ministers agreed to address ‘cheap imports’ but ‘China was the dissenter’",
  "url": "https://urgent.news/2026/09/02/scott-bessent-says-19-of-the-g20-finance-ministers-agreed-to-address",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T13:08:21.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/09/02/china-bessent-g20-trade/"
  },
  "original_language": "en",
  "account": "Treasury Secretary Scott Bessent revealed on Tuesday that, out of the G20 finance ministers and central bankers, 19 had agreed to tackle \"cheap exports\" contributing to global economic imbalances, but China had dissented. Speaking at the summit's closing press conference, Bessent emphasized that he had urged some G20 counterparts to adopt the Trump administration's tactics, such as tariffs and other measures, to tackle trade imbalances. He stated, \"We believe that non-market-based economies pushing out a never-ending stream of cheap exports is not sustainable.\" Bessent highlighted the People's Republic of China as the sole dissenter in this context, acknowledging that the nation, with the world's largest current account surplus, was the outlier. Furthermore, Bessent elaborated on the upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping, mentioning that the discussions would encompass artificial intelligence policy, requesting greater oversight to forestall actions by \"non-state actors.\" He also criticized AI companies for their inadequate communication of their work to the American public, stating that they must shoulder some blame and clarify the benefits of their innovations beyond a select few.",
  "summary": "The Treasury secretary urged other governments to protect their manufacturing bases as U.S. tariffs redirect Chinese goods toward their markets",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}