COMMODITY
Copper futures end lower as Trump threatens higher tariffs on China if trade deal fails
Nov-21-2019

Copper futures ended lower on Wednesday after US President Donald Trump threatened higher tariffs on Chinese goods if no deal was reached with officials in Beijing to end the spat. However, some losses were capped after China lowered its interest rates, as widely expected, to shore up an economy hurt by slowing demand and US trade tariffs.

Copper futures for December delivery lost 0.3 percent to settle at $2.6495 a pound on the Comex metals division of New York Mercantile Exchange. However, copper on the London Metal Exchange ended unchanged at $5,875 a ton.

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