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WORLD
US urges G20 countries to hit China with trade barriers
The US Treasury chief says China's massive trade surplus is unsustainable and the rest of the world is going to have to change the terms of trade with Beijing.
GlobeSignal-AImedium certainty
- Why it matters
- The US is seeking coordinated trade restrictions against China through the G20, which could reshape tariff policy for multiple countries and affect global supply chains and trade flows.
- Most affected
- Exporters and manufacturers in G20 countries — May face new trade barriers or tariffs affecting access to Chinese markets.
US exporters and manufacturers — Could see reduced Chinese competition if G20 countries implement barriers. - Likely next
- Whether G20 countries formally agree to coordinate trade measures against China or endorse the US position at their next meeting.