Most base metals opened lower on the London Metal Exchange on Friday March 23 morning, after US President Donald Trump's latest round of tariffs raised concerns of an impending trade war.
Nickel was the worst performer, down $150 or 1.1% to $13,040 per tonne. Zinc was the only metal in the positive, up $7.50 per tonne.A looming global trade war, stemming from the US and China imposing tariffs, could result in an economic slowdown. That is generating bearish sentiment in the markets, pressuring the base metals markets."Market players are concerned the world is heading for a trade war and that it might weigh on the global economy," said Daniel...