Brief

U.S. Trade Rep. Greer says G20 talks were constructive despite no agreement on excess capacity

The G20 meeting in Milwaukee ended without a consensus on curbing overproduction, while the U.S. highlighted broad support for action.

By Felo News Desk · Published Fri, 02 Oct 2026 07:52:23 GMT

U.S. Trade Representative Jamieson Greer told reporters after Thursday's G20 trade ministers' meeting in Milwaukee that the talks were constructive, even though no agreement was reached on the "excess capacity" problem.

Greer said nearly all participants agreed the issue required action and that the current system of trade remedies was inadequate. The United States accuses a range of trading partners, especially China, of flooding markets with overproduced goods that depress prices and hurt American manufacturers.

The administration has opened investigations into countries from Norway to Bangladesh and claims that sectors such as autos, batteries, paper and semiconductors are suffering from overproduction. The G20 gathering also saw no breakthrough on the ongoing U.S.–Canada trade dispute, which has escalated since President Donald Trump imposed 50% tariffs on $20 billion of Canadian imports and later banned nearly $1 billion of Canadian goods, including alcohol, dairy and motorcycles.

Canadian trade minister Maninder Sidhu appealed for cooperation, urging both sides to work through shared challenges.

Key facts

• U.S. Trade Representative Jamieson Greer called the G20 talks constructive despite no agreement on excess capacity. (independent.co.uk)
• All G20 ministers agreed that excess capacity required action and current trade remedies were insufficient. (independent.co.uk)
• The United States has opened investigations into overproduction in countries ranging from Norway to Bangladesh. (independent.co.uk)
• The U.S. has banned nearly $1 billion of Canadian imports, including alcohol, dairy and motorcycles. (independent.co.uk)

Sources

• [1] independent.co.uk — originally reported as “G20 trade talks yield little progress while tensions simmer”