{
  "id": 11327184,
  "title": "G20 deadlocks on excess capacity, forced labour",
  "url": "https://urgent.news/2026/10/02/g20-deadlocks-on-excess-capacity-forced-labour",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-02T01:14:59.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/news/international/world-news/g20-trade-ministers-deadlock-on-excess-capacity-forced-labour-as-us-seeks-tougher-rules/articleshow/134629989.cms"
  },
  "original_language": "en",
  "account": "G20 trade ministers convened in Milwaukee on Thursday, but were unable to agree on measures to curb the excessive supply of goods flooding the markets at underpriced levels, a practice the United States claims harms its domestic manufacturers. The United States Trade Representative, Jamieson Greer, stated that while the talks were constructive, they failed to reach a consensus on the issue, known as excess capacity. Nearly all countries acknowledged that this problem required action and that existing trade remedies were insufficient to address it, according to Greer. The Trump administration has accused various nations, particularly China, of overproducing goods that surpass market demand, leading to price declines and unfair competitive disadvantages. These allegations have extended to sectors such as steel, automobiles, batteries, paper, and semiconductors, with the US experiencing losses to global competitors. The G20 summit in Milwaukee failed to yield any breakthroughs on this key trade dispute, especially with the US and Canada. Relations between the two countries have deteriorated since the summer, when the Trump administration imposed tariffs on approximately USD 20 billion worth of Canadian goods, prompting Canada to retaliate with tariffs of its own. Recent escalations include additional tariffs on Canadian imports such as alcoholic beverages, dairy products, and motorcycles. Greer acknowledged that there remain several challenging issues to resolve, including Canada's significant trade relationship with the United States and its northern neighbor's status as a close ally. During the summit, ministers also struggled to come to an agreement on tackling forced labor, an issue the US administration has leveraged to justify double-digit tariffs on over 60 countries. These levies, which apply to approximately 99 percent of US imports, indicate a broader motive: replacing the worldwide tariffs the Trump administration imposed in 2020, which were subsequently overturned by the Supreme Court in February. Greer admitted that some G20 countries were unwilling to commit to banning the import of goods produced with forced labor. Ultimately, all parties agreed that the use of forced labor is unacceptable and detrimental to market integrity, and therefore, it should be prohibited.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}