October 1, 2026

G20 Trade Ministers Fail to Reach Agreement on Excess Capacity

U.S. Trade Representative Jamieson Greer noted that nearly all countries recognized the need for action on excess capacity.
The U.S. has accused several countries, particularly China, of flooding markets with underpriced goods, harming American manufacturers.
Tensions between the U.S. and Canada escalated, with recent tariffs imposed by both countries on each other's imports.

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