While not directly naming China, G7 trade ministers pledged Thursday to use their trade tools when needed to counter trade-distorting trade practices.
“We will continue to tackle non-market policies and practices, as well as harmful non-market excess capacity and other market distortions resulting from them,” G7 trade ministers said in a joint statement wrapping up their two-day meeting in Italy.
The ministers' statement emphasized a commitment to the role of, and reform of the World Trade Organization, as well as placed a particular emphasis on Export Control & Investment Screening
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