Treasury Secretary Scott Bessent says 19 of the Group of 20 (G20) finance ministers agree that “cheap exports” that contribute to global economic imbalances are unsustainable. He makes the remarks after the G20 finance summit in Asheville, North Carolina.
According to Bessent, the group is aligned on the need to address trade-related patterns associated with pricing and export behavior. PBS and The Hill both report that China dissents, while the Washington Times similarly says China did not agree with the approach. The outlets focus on the same reported split: a broad consensus among most participants versus China’s disagreement. None of the reports provide detailed policy proposals from the full group in the provided excerpts, but each attributes the differing stance to China’s position on whether such export practices should be characterized as unsustainable.
Overall, the reports present the episode as a negotiation and messaging moment within the G20 finance talks, highlighting where participants agree on the problem framing and where China disagrees.
