UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'More economic nationalism'
03 Sep 2024
Following Canada’s decision to dramatically tax Canadian consumers of electric vehicles made in China, China has launched anti-dumping investigations into Canadian exports. “Dumping” is the deliberate sale of exports at below market price. It is not a common occurrence, but it is a convenient way of pursuing economic nationalism (per US and EU accusations of dumping against China).
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