GeopoliticsMedium•30 September 2026•
1 min read
US Unveils 'Milwaukee Framework' to Combat Global Steel Overcapacity
Key Facts
1US Trade Representative Jamieson Greer announced a new framework for coordinated action against global excess steel production capacity.
2The 'Milwaukee Framework' will be released at a Group of 20 trade ministers meeting this week.
US Trade Representative Jamieson Greer announced a new framework for coordinated action against global excess steel production capacity. Reuters reported that the 'Milwaukee Framework' will be officially released during the Group of 20 (G20) trade ministers meeting taking place this week.
The multilateral initiative is designed to address market distortions in the global steel sector, targeting overproduction issues often associated with non-market economies. The framework seeks to establish a unified international response to protect domestic industries from the impact of global capacity imbalances.