Trade ministers from 15 economies, including the United States, South Korea and Japan, signed a joint statement to build sector-specific platforms addressing manufacturing overcapacity, the U.S. Trade Representative's office said Wednesday, according to Seoul Economic Daily. The effort is effectively directed at China, which did not sign. The statement does not name the country.
Building on the productive discussions at the G20 Trade Ministerial in Milwaukee, fourteen economies joined the U.S. in signing a Joint Ministerial Statement that expresses our collective resolve to work together in new, dedicated sectoral platforms to address structural excess capacity and production in certain manufacturing sectors.https://t.co/HxSOijvjxu
— United States Trade Representative (@USTradeRep) October 7, 2026
USTR said 14 countries joined the United States: South Korea, Japan, Argentina, Australia, Canada, the European Union, France, Germany, India, Italy, Mexico, Poland, Turkey and the United Kingdom. The statement came out of discussions at the Group of 20 trade ministers' meeting in Milwaukee.
Milwaukee serves as the blueprint for the future of the American economy, blending a strong manufacturing base, rich agricultural surroundings, and shipping access to the Great Lakes. From walking the factory floor at Rockwell Automation to touring one of America’s most iconic brands, Harley-Davidson, the G20 Trade Ministerial underscore
