The world opinion shifts on tariffs

G20 trade officials in Milwaukee announced the 'Milwaukee Framework' to tackle the global steel glut, calling for curbs on market-distorting subsidies and enhanced monitoring of steel imports. The agreement follows a September G20 finance ministers meeting in Asheville, N.C., where the U.S. and nearly all G20 economies acknowledged that large trade imbalances can harm other countries. China was the lone objector to that statement.