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UBS On-Air: Paul Donovan Daily Audio 'More economic nationalism'
Published 1 year, 4 months ago
Description
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).