G20 countries should reassess trade with China to address imbalances, says U.S. Treasury Secretary Scott Bessent.

The G20 should pair tariffs and sanctions with positive economic tools to diversify away from China without destabilizing economic growth.

U.S. Treasury Secretary Scott Bessent testifies during a Senate Committee on Finance hearing in the Dirksen Senate Office Building on Capitol Hill on June 03, 2026 in Washington,…