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G20 trade ministers deadlocked over industrial overcapacity, says US trade chief

Americas 1 source 1 country 🔦 Under-reported 48m ago

G20 trade ministers meeting in Milwaukee on Thursday deadlocked over how to address industrial overcapacity and eliminate forced labour from global supply chains, according to US Trade Representative Jamieson Greer. The failure to reach a consensus highlights ongoing international disagreements regarding excess industrial production.

During the talks, Greer specifically highlighted the issue of overcapacity, a criticism that is frequently directed at China. China has previously rejected these criticisms concerning its industrial output.

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Read the full story at the source France 24 · FR ↗
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