US Trade Representative urges G20 to back Trump tariff agenda, takes aim at China
The framework urges coordinated tariffs and other barriers as 28 mostly Western countries move to curb steel imports from major excess producers.
- Trade Representative Jamieson Greer unveiled the "Milwaukee Framework" on Wednesday at a Group of 20 meeting in Wisconsin, encouraging countries to impose stronger trade barriers on steel imports from nations with heavy excess capacity, such as China.
- The Trump administration has focused the US-led G20 presidency on combating non-market economic policies, with Greer arguing that excess steel production distorts global markets and necessitates robust protective measures.
- Earlier on Wednesday, a group of 28 mostly Western countries agreed to work toward erecting more tariffs on steel, while Greer also called for re-examination of the World Trade Organization's "Most Favored Nation" system.
- Canada's trade minister, Maninder Sidhu, is pursuing deals with other nations, citing a 17% increase in trade over the past year of $33 billion, while Canada's US-focused trade minister, Dominic LeBlanc, is not attending the Milwaukee meeting.
- As The Trump administration recently implemented a ban on imports of Canadian alcoholic beverages, motorcycles, and dairy products, the trade war with Canada continues to escalate despite Greer's claims that the door remains open for a deal.
22 Articles
22 Articles
The Straits Times
Times of IndiaGreer urges G20 to back Trump tariff agenda, takes aim at China
MILWAUKEE, Sept 30 - US Trade Representative Jamieson Greer on Wednesday called for G20 major economies to refrain from coercive actions on food trade, tackle industrial overcapacity and re-examine the prevailing post-World War Two tariff system. Read more at straitstimes.com.
(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.
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