G20 Steel Accord Meets a Wider Trade Stalemate

G20 trade officials in Milwaukee announced a new agreement aimed at global steel, but ministers failed to reach broader agreement on curbing the flood of overproduced, underpriced goods. That split captures the trade moment: countries are warming to action against excess production even as common ground on how to act remains elusive.

Trade Routes

• G20 steel talks: The new agreement targets global steel, while the wider dispute over surplus goods remains unresolved. -...