The US stated that the G20 countries, except for China, agreed to address the flows of “cheap exports” that create global imbalances.

United States Treasury Secretary Scott Bessent announced that 19 of the 20 G20 member nations have reached a consensus to address the impact of low-cost exports on the global economy. The agreement excludes China, reflecting a coordinated effort by the majority of the bloc to mitigate what the United States characterizes as global economic imbalances caused by these trade flows.