Trump administration urges G20 to protect against Chinese imports
5 Articles
5 Articles
The United States called on G20 countries to strengthen protection against Chinese imports and reduce trade imbalances.
Over-exporting China threatens Western factories and causes deficits. At the G20 summit, the United States calls for common duties, but the divisions between allies and the crisis in government bonds hold back the response.The article The tsunami of Chinese export stifles the West: the USA alarms the G20 and Europe is confused comes from Economic Scenarios.
On Tuesday (September 1), as the two-day G20 finance ministers and central bank governors meeting convened, the Trump administration urged G20 members to take further measures to protect their industries and job markets from the impact of Chinese imports. U.S. Treasury Secretary Bessant stated that Beijing's trade distortions are "draining" much-needed growth momentum from the global economy.
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