METALS
The US election of Donald Trump lit a fire under metals markets in 2016 as investors took a liking to his pro-business agenda. Now, copper and other metals are tanking as Trump’s trade war against China threatens to derail economic growth.
Copper sunk to an almost one-year low and has fallen 16% from a high in June. All the major metals were in the red on Wednesday as the US unveiled tariffs on $200-billion worth of Chinese-made products.
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