GlobeVerge
WORLD
US urges G20 to cut trade imbalances, focus on China
ASHEVILLE, North Carolina, Sept 1 (Reuters) - The Trump administration urged other G20 countries on Tuesday to do more to protect their domestic industries and job markets from Chinese imports, arguing such distortions were "sucking" much-needed growth out of the global economy.
GlobeSignal-AImedium certainty
- Why it matters
- US is pressuring major economies to adopt protectionist measures and single out China, potentially shifting G20 consensus away from open trade toward coordinated barriers.
- Most affected
- Manufacturers in G20 countries competing with Chinese imports — May face pressure to shift policy toward higher tariffs or import restrictions.
Exporters from China to G20 markets — Face potential new or coordinated trade barriers across multiple countries. - Likely next
- Whether other G20 members publicly support or resist the US position at the meeting.
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