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Most G20 Reject Excess-Capacity Statement, USTR Says

By Drooid · Oct 3, 2026, 6:11 AM UTC · How we work

Summary

Story summary

U.S. trade representative Jamieson Greer said most G20 members rejected the excess-capacity statement in Milwaukee on Oct 2.
Only Mexico and Argentina signed the forced-labour statement alongside the United States.
China objected to G20 wording condemning non-market policies and excess capacity at an Asheville finance meeting.
The Steel Forum released a Milwaukee framework with the EU, Australia, Japan and South Korea, excluding China.

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Story summary

U.S. trade representative Jamieson Greer said most G20 members rejected the excess-capacity statement in Milwaukee on Oct 2.
Only Mexico and Argentina signed the forced-labour statement alongside the United States.
China objected to G20 wording condemning non-market policies and excess capacity at an Asheville finance meeting.
The Steel Forum released a Milwaukee framework with the EU, Australia, Japan and South Korea, excluding China.