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Copper Records a Weekly Gain as Trump Calms Trade Angst

From msn.com

Copper eked out a weekly gain of 0.8% after paring losses on Friday as US President Donald Trump eased fears of a trade war with China. Trump said the threat of high tariffs with China were not “sustainable” in a Fox Business interview that aired Friday. Later, Trump and Treasury Secretary Scott Bessent expressed optimism that upcoming talks with the Chinese could yield a broader trade deal that would deescalate the trade spat with China. The remarks signal an effort by Washington to calm fears of a trade cutoff between the two economies and a global economic downturn. Copper on the London Metal Exchange settled 0.4% ... (full story)

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