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Copper falls as Trump’s comment on China sparks trade war fears
Business World Philippines
|October 13, 2025
LONDON — Copper prices fell on Friday after US President Donald J. Trump said Washington was calculating a massive increase in tariffs on Chinese imports, inflating fears of a trade war between the world’s two largest economies.
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Three-month copper on the London Metal Exchange (LME) lost 3.8% to $10,450 a metric ton by 1600 GMT. It hit $11,000 on Thursday, moving closer to its all-time peak of $11,104.50 set in May 2024.
Mr. Trump’s comment did not mention industrial, growth-dependent metals in any form, but did mention rare earth elements.
Diese Geschichte stammt aus der October 13, 2025-Ausgabe von Business World Philippines.
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