Comex copper prices dropped nearly 2% on Wednesday April 4 amid growing fears of a possible trade war between the United States and China following a fresh round of tariffs issued by both countries.
Copper for May settlement on the Comex division of the New York Mercantile Exchange tumbled 5.90 cents or 1.9% to $3.0045 per lb. Over the past few weeks, tensions between China and the US have escalated after Beijing retaliated...