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G20 countries divided over US call to curb excess industrial capacity

A “handful” of Group of 20 trade ministers rejected US calls to curb excess industrial capacity and “non-market” policies, the US Trade Representative’s office said on Friday, exposing divisions within the group of major economies. The US, this year’s G20 chair, issued the statement ‌a day after a trade meeting in M…

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Lee calls for resumption of trade pact negotiations with Mexico to elevate economic cooperation

South Korean President Lee Jae Myung on Friday called for a swift resumption of negotiations for a trade agreement between South Korea and Mexico, saying it will further elevate bilateral economic cooperation that he said is already contributing significantly to the Mexican economy and job creation.

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