The United States will host a G20 trade ministers' meeting in Wisconsin from September 30 to October 1, the U.S. trade representative's office announced Tuesday.
The meeting will be chaired by Jamieson Greer and will cover several sensitive issues related to international trade, including forced labor, reform of the "most favored nation" principle, and global overcapacity problems in certain industrial sectors.
This ministerial meeting is intended to prepare for the G20 leaders' summit scheduled for December 14 and 15 in Miami. The American president Donald Trump must host the heads of state and government at the Trump National Doral complex.
The "most favored nation" principle, which normally guarantees all trading partners the same tariff advantages, has become an increasing subject of debate in a context of economic tensions between major powers and criticism of certain international trade practices.
Discussions on global overcapacity should focus in particular on industrial sectors where several Western countries accuse China of massively producing at low cost, which puts pressure on competing industries around the world.
The issue of forced labor is also among the United States' priorities in international trade negotiations, with Washington seeking to strengthen controls over global supply chains and limit imports linked to human rights abuses.
This series of meetings comes at a global economic time marked by trade tensions, geopolitical conflicts and concerns about slowing global growth, as major economies seek to coordinate their responses to new international trade challenges.
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