Bessent urges G20 to re-examine trade terms with China
By The BriefBrief
U.S. Treasury Secretary Scott Bessent said he will encourage G20 members to re-examine their trade terms with China to reduce global imbalances. He also urged Beijing to rebalance its economy away from exports and toward domestic consumption.
WHO:Scott Bessent
WHAT:Said he will encourage G20 members to re-examine trade terms with China and urged China to shift from exports toward domestic consumption.
WHEN:Aug 30, 2026
WHERE:USA
WHY:He was responding to global imbalances and said the goal is to reduce them by adjusting trade terms and pushing China to rebalance its economy.
