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Canadian Prime Minister Mark Carney plans to discuss EV manufacturing and Chinese investment with President Xi Jinping at the APEC summit in Shenzhen. A January trade deal had China lowering tariffs on Canadian agricultural exports in return for limited Chinese EV imports at reduced tariffs.
Talks on lowering agricultural tariffs could restore Canadian oilseed and grain exports to China, a modestly bullish factor for Canadian oil and meal products.
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.