I came across several news items that are obviously not exceptions, but rather commonplace today.
China has asked the World Trade Organization to negotiate with Canada over tariffs imposed on Chinese electric vehicles, as well as steel and aluminum products.
Beijing also announced that it plans to launch an anti-dumping investigation into Canadian rapeseed imports, a week after Ottawa joined the US and EU in imposing a 100% tariff on Chinese electric vehicles and a 25% tariff on imported steel and aluminum.
and another one
Turkish steelmakers want to protect the market from Chinese steel as soon as possible
According to the Turkish Steel Producers Association (TCUD), the country should introduce restrictive measures against Chinese steel to avoid turning into an open market, as imports of steel products from China to the country continue to grow exponentially.
So the question is, will the Chinese economy have time to reorient itself to the domestic market before exports become more trouble than they are worth?
submitted by /u/dll_crypto
[link] [comments]