Copper hits US$10,000 fuelled by tariff threats


Copper’s surge is just one part of the turmoil unleashed by Trump’s bid to reshape global trade and bolster defences for US domestic producers. — Reuters

New York: Copper marched past its key threshold of US$10,000 a tonne after weeks of global trade dislocation triggered by president Donald Trump’s push for tariffs on the crucial industrial metal.

Trump last month ordered his Commerce Department to investigate the nation’s imports of copper as a likely precursor to imposing duties.

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