WS #15470

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A joint ministerial statement signed by the US, EU, and G20 nations calls for steps to eliminate "excess industrial capacity" and non-market practices. This signals a coordinated global trade policy shift that could lead to tariffs or subsidies targeting Chinese manufacturing, creating headwinds for global supply chains and export-oriented industrial companies.

G20 Trade Capacity Statement

A joint ministerial statement signed by the US, EU, and G20 nations calls for steps to eliminate "excess industrial capacity" and non-market practices. This signals a coordinated global trade policy shift that could lead to tariffs or subsidies targeting Chinese manufacturing, creating headwinds for global supply chains and export-oriented industrial companies.

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