14 economies sign joint statement with U.S. on excess capacity in key manufacturing sectors
The U.S. Trade Representative convened officials from 14 economies at the OECD Trade Committee to sign a Joint Ministerial Statement addressing structural excess capacity in key manufacturing sectors. The statement calls on all countries to end non-market policies that distort markets, with signatories including Argentina, Australia, Canada, EU, France, Germany, India, Italy, Japan, South Korea, Mexico, Poland, Türkiye and the UK.
美国与14个经济体签署联合部长声明应对关键制造业产能过剩
美国贸易代表在经合组织贸易委员会期间召集14个经济体官员签署联合部长声明，旨在应对关键制造业的结构性产能过剩问题。声明呼吁各国结束扭曲市场的非市场政策，签署方包括阿根廷、澳大利亚、加拿大、欧盟、法国、德国、印度、意大利、日本、韩国、墨西哥、波兰、土耳其和英国。
Why it matters: Fourteen economies signed a joint statement on excess capacity, creating a new multilateral platform that signals coordinated pressure on countries with non-market industrial policies.