12 Oct 2025 | 5 Mins Read
Copper bulls' celebration clouds over by China trade tensions
Flipitmoney
Copper prices tumbled 5% after President Donald Trump threatened "massive" additional import tariffs on Chinese goods. Chinese President Xi Jinping's response suggests limited willingness to back down, potentially affecting demand. Supply disruptions, including accidents at major mines, are pushing production short of demand, forecast by Morgan Stanley as a 590,000-ton deficit next year.