Commodities hit again as Trump calls for more duties


MUMBAI: Donald Trump’s latest salvo against Chinese imports is hitting commodities again.

Just when markets were beginning to recover on optimism the US and China could reach an agreement and take the heat out of their escalating trade war, the US president called for tariffs on an additional US$100bil in imports from the Asian nation, sending copper, soybeans and oil lower yesterday along with US equities futures.

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