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Greer urges G20 to back Trump tariff agenda, takes aim at China

Greer urges G20 to back Trump tariff agenda, takes aim at China

US Trade Representative Jamieson Greer urged G20 major economies to refrain from coercive actions on food trade, tackle industrial overcapacity, and re-examine the prevailing post-World War Two tariff system during the G20 trade ministers meeting. The agenda for the US-led G20 trade meeting follows the Trump administration's pattern of using the forum to focus on China's industrial subsidies, excess capacity, and non-market-driven economic policies.

Greer also took aim at the Most Favored Nation tariff system, calling for its re-examination due to its constraints on economies' ability to respond to distortive policies and adapt to changing market conditions.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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