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China has requested WTO consultations with Canada over Canada's tariffs on Chinese EVs, steel and aluminium. The request comes alongside Beijing's planned anti-dumping investigation into Canadian canola imports.
Canada had imposed a 100% tariff on Chinese EVs and 25% on steel and aluminium.
The WTO step signals a prolonged dispute rather than a quick settlement, which keeps the risk of Chinese canola tariffs in place. That uncertainty supports a bearish outlook for canola meal.
reuters.comSep 6, 2024Not 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.
