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U.S. trade chief Greer says new ‘Milwaukee Framework’ to combat global excess steel capacity

Source: The Globe and Mail

Trade Policy & Supply ChainCommodities & Raw MaterialsRegulation & Legislation

U.S. Trade Representative Jamieson Greer said a new G20 framework for coordinated action against excess global steel-production capacity will be released at this week's trade ministers meeting. The initiative could affect steel trade flows, capacity discipline and potential future trade measures, but no specific policy actions or targets were disclosed.

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