✉news WorldDiplomacy first seen 12 h ago, last 1 h ago, peak #7
US targets China's steel overcapacity at G20 talks
Original: US targets China’s steel capacity at G20 days after Xi’s state visit
The United States is pressing China over its excess steel capacity at the G20, just days after President Xi Jinping's state visit. Washington argues that Chinese overproduction depresses global steel prices and harms producers in the US and elsewhere. The move highlights continuing trade friction between the two countries despite the recent diplomatic engagement and signals that economic disputes remain high on the G20 agenda.
Why now: Tensions over Chinese steel overcapacity resurfaced at the G20 immediately after Xi's state visit, drawing attention to unresolved US-China trade disputes.
United StatesChinaXi JinpingG20
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Evidence
- US targets China’s steel capacity at G20 days after Xi’s state visit · scmp.com
- US targets China’s steel capacity at G20 days after Xi’s state visit · South China Morning Post
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