G20 should consider trade barriers against China, says US official

Scott Bessent, the US Treasury Secretary, has called on G20 countries to consider implementing additional trade barriers against China as a means to correct growing economic imbalances between Beijing and the rest of the world.

Bessent characterised China's present export surge as unsustainable, signalling alarm among major economies about the scale of goods flowing from Chinese manufacturers. The comments reflect broader concerns within developed nations about trade deficits and the competitive pressures posed by Chinese exports across multiple sectors.

Despite his cautionary remarks about China's export trajectory, Bessent stated that the United States' own trade relationship with China is showing signs of improvement. The assertion suggests that recent American trade policies may be having the intended effect of rebalancing bilateral commerce.

The remarks come as G20 members continue discussions on global economic coordination. Trade imbalances, particularly those involving China, have remained contentious issues for many nations seeking to protect domestic industries while maintaining open international markets.

Bessent's comments are likely to intensify debate within the G20 about the appropriate policy responses to China's economic footprint, with member nations weighing the potential benefits and costs of additional protectionist measures.