00:00Treasury Secretary Scott Besant says 19 of the 20 G20 members agreed that a flood of
00:06artificially cheap exports from non-market economies is unsustainable, with China the
00:11lone dissenter. Besant argued that China's massive trade surplus is distorting global markets
00:16and putting pressure on industries and jobs in other countries. The push comes as Chinese
00:21exports continue surging, fueling concerns that tariffs and trade barriers could become a bigger
00:27part of the global economic response. Besant is urging G20 nations to protect domestic industries
00:34from what he describes as an increasingly unbalanced trading system.
