US Trade Representative Jamieson Greer on Wednesday proposed a new global framework to tackle excess steel production capacity on the sidelines of the ongoing Group of 20 Trade Ministers’ meeting, just days after Chinese President Xi Jinping’s state visit to the United States.“The United States has taken robust measures, and it probably makes sense for other countries to do that too,” Greer said after a meeting of the Global Forum on Steel Excess Capacity (GFSEC) in Milwaukee, Wisconsin.“Well, every country will do what they think is appropriate,” Greer said when asked if most G20 countries had agreed to raise tariffs on Chinese steel.The United States holds the G20 presidency this year, leading a forum of the world’s major advanced and emerging economies.
US targets China’s steel capacity at G20 days after Xi’s state visit
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