U.S tariffs hit copper and smartphone markets

On New York’s Comex, copper prices fell sharply after Chile’s finance minister said he’d ask Washington to exempt his country from the new levy. At the same time, U.S. phone shipments in Q2 rose by just 1%. At its weakest, Comex copper dropped as much as 6.2% to $5.4265 per pound before recovering some losses. […]

Source: cryptopolitan.com (Read Full Article)