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Rolling coverage of the latest ecoonomic and financial newsTrump vows tariffs on Mexico and Canada and deeper tariffs on ChinaCopper prices have fallen, weighed down by a stronger US dollar and US President-elect Donald Trump’s pledge to levy more tariffs on Chinese products.Three-month copper on the London Metal Exchange (LME) was down 0.6% at $8,990.50 per metric ton by 7am, while the most-traded January copper contract on the Shanghai Futures Exchange (SHFE) closed down 0.3% to 73,740 yuan ($10,162.48) a ton, Reuters reported. Continue reading…
Rolling coverage of the latest ecoonomic and financial news
Copper prices have fallen, weighed down by a stronger US dollar and US President-elect Donald Trump’s pledge to levy more tariffs on Chinese products.
Three-month copper on the London Metal Exchange (LME) was down 0.6% at $8,990.50 per metric ton by 7am, while the most-traded January copper contract on the Shanghai Futures Exchange (SHFE) closed down 0.3% to 73,740 yuan ($10,162.48) a ton, Reuters reported.
