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US Disappointed by G20’s Lack of Support on Overcapacity Debate

October 5, 2026 • 2 weeks ago •

MILWAUKEE: The United States administration expressed disappointment following the recent G20 trade ministers’ meeting, which failed to garner support for its initiatives against ‘overcapacity’ and ‘forced labour’. The two-day meeting concluded on Thursday, highlighting the complexities of global trade dynamics.

Despite the US presenting tariffs as potential solutions to perceived economic distortions, the meeting did not yield the backing it sought. This follows a similar lack of support during the G20 finance ministers’ meeting held in Asheville, North Carolina, from August 31 to September 1, where the US also pushed for action against ‘trade imbalances’.

The issue of industrial capacity cannot be effectively addressed by analyzing a single nation’s exports or by politicizing trade relations. A comprehensive and objective global analysis is essential to understand the nuances of trade, which should not be held hostage to geopolitical tensions.

Looking ahead, the US may need to reassess its approach to international trade discussions and seek broader consensus in upcoming meetings to address these pressing issues effectively.