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Market Chatter: Bessent Says G7 Targets China Over Export Surge

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U.S. Treasury Secretary Scott Bessent said Group of Seven finance leaders focused heavily on China's export-driven trade imbalance during recent talks, citing the global impact of Beijing's manufacturing push, Reuters reported Tuesday.

Bessent warned that Chinese exports, including electric vehicles, could hurt Western economies without stronger trade barriers, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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