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China held a two-day live-fire exercise in the Taiwan Strait in late July after Taiwan's president made sovereignty remarks. The article notes this tests Canada's reset of trade relations with Beijing.
Geopolitical tension in the Taiwan Strait is a possible long-run risk to China trade flows, but no concrete feed-market impact has been reported.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.