Call it international trade’s (re)work in progress, following the G20 meeting, which produced:
[Daily News| July 11, 2017 |Inside US Trade]
- A united front on overcapacity issues, with an emphasis on steel – and some target deadlines for OECD recommendations on “concrete policy solutions that reduce steel excess capacity.”
- A flurry of comments from President Trump, advancing his push for a NAFTA redo and his preference for bilaterals, and renewing attacks on current arrangements.
- Pointed and accelerating comments from European leaders about prospects for future trade dealings with the U.S.
- A tepid official endorsement of the World Trade Organization, to the disappointment of some, which stops short of previous G20 references to the WTO as the multilateral trading system.