China Initiates Dispute Complaint Against Canadian Surtax Measures
Portfolio Pulse from Benzinga Newsdesk
China has filed a dispute complaint against Canada at the World Trade Organization (WTO) over Canadian surtax measures. This move could impact trade relations between the two countries.
September 11, 2024 | 4:51 pm
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NEUTRAL IMPACT
The iShares China Large-Cap ETF (FXI) might experience volatility due to the trade dispute between China and Canada, as it reflects broader economic tensions involving China.
While the dispute is directly between China and Canada, any broader economic tensions involving China could indirectly affect the FXI ETF, which tracks large-cap Chinese companies.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
The iShares MSCI Canada ETF (EWC) may be affected by the trade dispute between China and Canada, as it could impact Canadian trade policies and economic relations.
The trade dispute initiated by China against Canada at the WTO could lead to changes in Canadian trade policies, potentially affecting the Canadian economy and, consequently, the performance of the EWC ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70