business
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G20 Finance Ministers Address 'Cheap Exports,' China Dissents
09/25/2026 · Washington edition
Why it matters locally: While the G20's discussions on 'cheap exports' are national in scope, Washington's significant trade sector and reliance on international markets mean shifts in global trade policies could have a noticeable impact on local businesses and employment.
Treasury Secretary Scott Bessent announced Tuesday that 19 finance ministers from the Group of 20 (G20) nations have agreed to address global economic imbalances. Bessent stated these imbalances result from streams of "cheap exports." China, a member of the G20, did not join the consensus reached by the other 19 nations.
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