G20 Finance Ministers Close Summit With Joint Statement Amid Trade and Diplomatic Tensions

At G20 Meeting, Scott Bessent Accuses China of Flooding the World With Cheap Exports

Treasury Secretary Scott Bessent accused China for flooding the world with its cheap exports.

By Alan Rappeport and Jim Tankersley

China dissented from G20 statement opposing 'cheap exports' flooding market, Bessent says

Bessent is leading the Trump administration's plan to choke off Iran's economy by threatening its business partners with secondary sanctions.

G20 backs final statement despite Russia tensions, China dissent

G20 finance leaders wrapped up two days of talks in Ashville, North Carolina, on Tuesday with broad backing for a final statement, despite tensions over Russia’s participation and divisions with China. US Treasury Secretary Scott Bessent said Moscow’s presence had not disrupted discussions, as ministers also grappled with the war in the Middle East, tariffs, global trade imbalances and continued support for Ukraine.

By FRANCE 24

G20 finance leaders close talks marked by U.S. welcoming Russia

U.S. Treasury Secretary Scott Bessent said the fact that nearly all participants agreed to a final statement suggested "there has been no impact" from Russia's attendance.