US Treasury nominee Scott Bessent says G20 countries should consider adding trade barriers targeting China to help reduce trade imbalances. He argues that China’s recent export surge is unsustainable, suggesting it contributes to imbalances in global trade flows.
In remarks reported by multiple outlets, Bessent contrasts this approach with the United States’ current trade trajectory with China. He says the US trade position with China is “rapidly improving,” indicating that Washington’s policies may already be having an effect even as he calls for broader coordination among G20 partners.
While both reports focus on Bessent’s call for increased barriers, they emphasize different aspects of his argument: one stresses the imbalance-reduction rationale tied to China’s export growth, while the other highlights his assessment of improvement in the US-China relationship. Neither report provides detailed specifics on what form the barriers should take or which sectors would be affected.
