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The latest trade developments show stalled progress at the G20 trade ministerial, where officials failed to reach a consensus on tackling forced‑labor abuses and structural excess capacity in key industries. At the same time, European powers France and Germany are urging the European Commission to create a new trade instrument that could restrict market access for non‑EU countries deemed to cause systemic distortions, signaling a push for tougher trade enforcement. In the United States, the trade court remains largely skeptical of the USTR’s attempts to impose forced‑labor tariffs, while Trade Representative Jamieson Greer continues to represent U.S. interests amid these unresolved disputes. [[1]]