02-October-2026
Corporate News
 
US Trade Chief Greer Says New 'Milwaukee Framework' to Combat Global Excess Steel Capacity
01-Oct-2026

US Trade Representative Jamieson Greer said on Wednesday that a new framework for countries to take coordinated action to combat excess steel production capacity will be released at a Group of 20 trade ministers meeting this week. Greer told reporters after a meeting of the Global Forum on Steel Excess Capacity that the so-called "Milwaukee Framework" will likely encourage countries taking stronger action to raise trade barriers to steel imports from countries with heavy excess capacity, such as China.

News Source:- https://money.usnews.com/investing/news/articles/2026-09-30/us-trade-chief-greer-says-new-milwaukee-framework-to-combat-global-excess-steel-capacity