Following the G20: Trade as a (re)work in progress

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.

Read more at Inside US Trade

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