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ARTICLE · 30 JULY 2024

G7 Leaders Unite Against Chinese Excess Production Capacity

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From June 13 – 15, 2024, the Group of Seven ("G7") held a leaders' summit in Apulia, Italy, consisting of representatives from Canada, France, Germany, Italy, Japan, the United Kingdom...

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From June 13 – 15, 2024, the Group of Seven ("G7") held a leaders' summit in Apulia, Italy, consisting of representatives from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. The summit hosted six working sessions, including one session on "Indo-Pacific and economic security."

According to US National Security Advisor Jake Sullivan, in the lead-up to the meeting, "G7 country leaders are more unified than ever on a range of geopolitical issues includ[ing] Chinese practices that spur excess capacity." Actions preceding and during the G7 summit appear to support this position:

  • On June 12, the European Union announced plans to introduce additional tariffs of up to 38% on imports of electric vehicles from China. Further, regarding the EU's contemplated tariffs, US Trade Representative Katherine Tai stated, "We welcome action by our trading partners to push back on China's non-market excess capacity."

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