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U.S. ‘severely disappointed’ in lack of G20 consensus on overproduction: The U.S. had called for action against excess industrial capacity — a criticism commonly ...
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US ‘severely disappointed’ in lack of G20 consensus on overproduction: The United States expressed disappointment over the G20’s failure to reach a consensus on ...
arabnews.com/world/us-severely-disappointed-in-lack-of-g20-consensus-on-overproduction-3004353

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'Handful' of G20 countries reject U.S. stance on excess industrial capacity: The rejection from the vast majority of G20 countries follows the Trump ...
cnbc.com/2026/10/03/handful-of-g20-countries-reject-us-stance-on-industrial-capacity-.html

Key FactsG20 members divided over U.S. excess-capacity demands
Oct 3, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: cnbc.com
Summary created with AI assistance · Source: cnbc.com
- The U.S. Trade Representative’s office said a handful of G20 ministers rejected U.S. demands on excess capacity and non-market policies.
- Only Mexico and Argentina signed the U.S.-led initiative to remove goods made with forced labor from supply chains.
- The Trump administration imposed 10% or 12.5% tariffs on goods from 59 countries and the European Union.
- The USTR is also investigating 16 trading partners over signs of excess capacity; new duties are widely expected in coming months.
The draft ministerial statement was supported by all but a handful of members, a few of whom firmly rejected creating this pathway toward cooperative action on excess capacity, the statement said, adding that this "severely disappointed" the U.S. G20 presidency.— Statement from the U.S. Trade Representative's office (USTR)
US pushes against overproduction with eye on China at G20 meeting: US pushes against overproduction with eye on China at G20 meeting
arabnews.com/world/us-pushes-against-overproduction-with-eye-on-china-at-g20-meeting-3003987

Ramaphosa to US: 'We won’t be bullied' as G20 declaration pushes ahead: President Cyril Ramaphosa says the G20 declaration will proceed with or without the ...
iol.co.za/news/politics/2025-11-20-ramaphosa-to-us-we-wont-be-bullied-as-g20-declaration-pushes-ahead/
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