Canadian PM Carney announces that they will allow as many as 49k Chinese EVs into the Canadian market, with a most-favoured-nation tariff of 6.1%.
Importance
Level 1
- In return, Canada anticipates that by March 1st China will reduce tariffs on Canola seed to a c. 15% combined rate. In addition to a resolution to other trade obstacles.
#UNITED STATES#USD#EUR#CAD#CHINA#JAPAN#JPY#UNITED KINGDOM#GBP#ASIA#EUROPE#MARK CARNEY#ECONOMIC COMMENTARY#GEOPOLITICAL#IMPORTANT#BANK SPEAKER#FOREX#FIXED INCOME#EQUITIES#ENERGY#METALS#EU SESSION#CENTRAL BANK#WTI#COMMODITIES#GOLD#METALS & MINING#MATERIALS (GROUP)#BRENT CRUDE#CNH#DXY#TARIFF#TRADE#TRADE