business
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G20 Finance Ministers Address 'Cheap Exports,' China Dissents
09/25/2026 · Illinois edition
Why it matters locally: The G20's focus on 'cheap exports' could influence federal trade policies, potentially affecting manufacturing and agricultural sectors within Illinois that compete with or rely on international trade.
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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