Copper rallied in New York and slumped in London after President Donald Trump pledged import tariffs that risk raising costs for American manufacturers while dampening global demand.
Trump later denied that his tariff policy will be pared back in a post on Truth Social, but copper and other metals held gains on the London Metal Exchange. The threat of so-called universal ...
Copper declined after US President Donald Trump ... The Financial Times reported that Treasury Secretary Scott Bessent is pushing for universal tariffs on US imports to start at 2.5% and rise ...
(Bloomberg) -- Copper rallied in New York and slumped in ... reported that Treasury Secretary Scott Bessent is pushing for universal tariffs starting at 2.5% and rising gradually, citing unnamed ...