
China and Canada agreed to extend preferential market access for Canadian canola meal, peas, lobster and crab through the end of 2028, and Canada extended tariff remissions for certain Chinese steel and aluminum products through 2028. The commitments were made at the second China-Canada Economic and Financial Strategic Dialogue in Vancouver, co-chaired by Chinese Vice-Premier He Lifeng and Canadian ministers.
Securing tariff-free access for Canadian canola meal to China through 2028 keeps a major protein meal supply open to Chinese feed buyers, which eases pressure on alternative meal sources and tempers canola meal price premiums.
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.