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VOL. I·NO. 01
WEDNESDAY, OCTOBER 7, 2026
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  1. 001SouthChinaMorningPostSEP · 30English

    US targets China’s steel capacity at G20 days after Xi’s state visit

    The US proposed a new 'Milwaukee Framework' at the G20 Trade Ministers' meeting to address excess steel production capacity, targeting China's dominant position in global steelmaking without directly naming it. The framework encourages countries to strengthen trade barriers against steel imports and eliminate market-distorting subsidies, as the Trump administration continues expanding tariffs on major trading partners while maintaining a fragile trade agreement with Beijing.