Copper Slump Amid Moves By China And The U.S.
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Copper prices have fallen for the second consecutive day, dropping below $5.90 per pound. This decline is attributed to China's crackdown on high-frequency trading, which has led to significant selling across global markets. Additionally, the U.S. has deferred tariffs on strategic minerals, including copper, further impacting prices. These developments confirm copper's volatility as a key commodity in the market.
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