business
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G20 Finance Ministers Address 'Cheap Exports,' China Dissents
09/25/2026 · Texas edition
Why it matters locally: Texas, with its significant manufacturing and energy sectors, could experience economic shifts from any G20 initiatives aimed at global trade imbalances, particularly concerning the influx of 'cheap exports' that could impact local industries.
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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