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Canada announced a 100 per cent surtax on Chinese-made electric vehicles effective Oct. 1, 2024, and a 25 per cent surtax on Chinese steel and aluminum effective Oct.
15. Some observers fear China could again target canola in retaliation.
A Chinese retaliation against canola would cut export demand for Canadian canola and meal, weighing on prices. The risk is a possibility rather than an established measure.
producer.comSean PrattAug 26, 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.
