US ‘Severely Disappointed’ in Lack of G20 Consensus on Overproduction, Forced Labor

The United States expressed significant disappointment as multiple G20 members did not support unified action against global industrial overcapacity and forced labor, issues often attributed to China. A proposed statement addressing structural overcapacity and non-market trade distortions was opposed by a small number of trade ministers. “A few” members reportedly rejected the proposed approach outright, hindering consensus on coordinated action.

• The U.S. is severely disappointed by the lack of G20 consensus on joint action against excess industrial capacity and forced labor.
• Several G20 members declined to back the proposed action, which is often associated with China.
• A proposed statement on excess industrial capacity was supported by most, but rejected by a “handful” of trade ministers.
• The proposal called for addressing structural overcapacity by ending non-market policies and creating new platforms for coordinated action.
• “A few” members “firmly rejected” the proposed approach.