US trade chief Greer says new ‘Milwaukee Framework’ to combat global excess steel capacity
20 Articles
20 Articles
(Washington = Yonhap News) Correspondent Baek Na-ri = On the 30th (local time), U.S. Trade Representative Jamison Greer [addressed] China's steel overproduction, stating that countries...
Milwaukee Framework outlines coordinated trade measures as global steel excess capacity is projected to reach 745 million tons by 2028
Washington, Sep 30 (EFE).- The US Trade Representative, Jamieson Greer, announced on Wednesday a global agreement of the World Forum on excess steel capacity against the global overcapacity of this material, within the framework of the G20 Trade, which is held until this Thursday in the U.S. city of Milwaukee. «Yes [...] The U.S. entry leads a joint action agreement against global steel overcapacity was first published in HolaNews.
Washington leads a global effort to curb overproduction of steel, seeking to coordinate actions with other G20 nations. China, pointed out for flooding markets, rejects accusations as the G20 discusses subsidies and data exchange to monitor trade.
The Standard
Arab NewsUS pushes against overproduction with eye on China at G20 meeting
The US is pushing for action against excess industrial capacity that drives prices down unfairly, Washington's top trade envoy said Wednesday on the sidelines of a G20 meeting.
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