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Lana

๐Ÿ‘ค Speaker
537 total appearances
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The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

And major money managers issued a warning about investing in corporate debt.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

We'll also check in with Carl to get his answers to your burning questions.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

More on the way, but first, a word from Guy at Finimize HQ.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

China and Canada agreed to lower trade barriers.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

But instead of a catch-free romance, it's a rebound of convenience while they work through their issues with the U.S.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

China will cut tariffs on Canadian canola to about 15% from more than 80%.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

In return, Canada will slash duties on up to 49,000 Chinese-made EVs to roughly 6% from 100%.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

Plus, both countries will roll out policies on energy, clean tech, and visa-free travel.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

The two have sparred over trade for years, but it's clear why each country is easing off now.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

Canada wants to rely less on the U.S., and China needs new customers as global trade rules tighten.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

Canada will need more than this agreement to make a dent in its trade with the U.S.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

See, the country only did around $80 billion worth of trade with China last year.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

That's tiny next to the nearly $1 trillion in shipments it swapped with the U.S.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

In fact, the States single-handedly buys around three-quarters of Canadian exports.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

That's why Canada's combining trade talks with big bets on infrastructure.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

Think ports, pipelines, energy grids, to get more goods over to Asian buyers.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

But it's far from a quick fix.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

These things take years to build, swallow plenty of cash, and often hit political blockers.

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

trade deals are increasingly becoming about more than just trade look at the u.s taiwan chip deal for one taiwan got some tariff relief but only by agreeing to pour hundreds of billions into factories on american soil now canada's handshake with china doesn't feature that kind of headline investment but it does reflect the same shift toward overall trust and strategic alignment

The Finimize Daily Brief
China And Canada Marked A Relationship Milestone, And Money Managers Issued A Warning About Corporate Bonds

For investors, these kinds of deals reduce political risk and make supply chains more resilient.