Copper Rally Stalls on Fresh Tariff Threats

Copper Rally Stalls on Fresh Tariff Threats

From tickmill.com

Copper prices have stalled at a fresh test of all time highs today as traders react to Trump’s new tariff threats. A report released by the US administration overnight signed that a slew of US trading partners are facing an additional 10% in tariffs after a failing a US probe into forced labour. Canada, Mexico, Taiwan and the UK are among those effacing the increased levies while a 12.5% additional tariff would be imposed on China, Japan, India, Brazil and Switzerland. The prospect of higher tariffs and the risk of subsequent counter tariffs from those countries affected by the move poses a fresh risk to world ... (full story)

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