Quotes from the news wire:
It (the trade war) is likely to weaken demand for base metal because China has retaliated today by allowing the Chinese yuan to weaken in line with the fundamentals, going forward this means there will be more rounds of tariffs and protectionism against each other between the two largest economies, which signals lesser demand for commodities including base metals.
– Continuum Economics ' chief economist
Found on Reuters 2 years ago
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