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✉news WorldDiplomacy first seen 18 h ago, last 6 h ago, peak #7

US presses China on steel overcapacity at G20

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 summit, just days after President Xi Jinping's state visit. Washington has long argued that Chinese overproduction floods global markets and hurts steelmakers elsewhere. The move signals continued trade friction between the two countries despite recent high-level diplomacy, and the issue is expected to feature in the summit's economic discussions.

Why now: Tensions over Chinese steel overcapacity resurfaced at the G20 immediately after Xi's state visit, drawing attention to US-China trade friction.

United StatesChinaXi JinpingG20

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