Copper buoyed by softer dollar, focus on tariff tensions

From brecorder.com

Copper prices rose on Tuesday as the dollar eased but weighing on sentiment was the prospect of slowing global growth and demand due to U.S. import tariffs and a trade war between China and the United States. Benchmark copper on the London Metal Exchange (LME) was up 0.7% at $9,436 a metric ton at 1053 GMT. “We are neutral now and bearish second half of the year on seasonality and policy shifts,” said Panmure Liberum analyst Tom Price. “This year is ultimately going to be hurt by tariffs once they start to have full impact on trade flows.”