Canada and China Seek to Mend Trade Relations Amid U.S. Tariff Pressures
Prime Minister Mark Carney and Chinese Premier Li Qiang held "very constructive" trade talks during the U.N. General Assembly, signaling a thaw in relations after months of escalating tariffs. The discussions focused on steel, aluminum, and agricultural goods, with both sides acknowledging the complicating factor of recent U.S. tariffs under the TRUMP administration.
China's rapeseed meal futures dipped following the meeting, reflecting immediate market reactions to the diplomatic overtures. The negotiations underscore how global trade realignments are creating ripple effects across commodity markets—a dynamic cryptocurrency traders monitor for macroeconomic cues.