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Copper miners fall as Trump's latest tariffs fan recession fears

ReutersApr 3, 2025 10:11 AM

Copper miners fall premarket as price of the key metal slips on fears U.S. President Donald Trump's aggressive tariffs on key trading partners could fuel a global recession

Benchmark three-month copper CMCU3 on the London Metal Exchange down about 1.5%

U.S.-listed shares of global mining giants Rio Tinto RIO.N and BHP Group BHP.N drop 0.9% and 1.7%, respectively

Copper miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N down 2.5% and 3.3%, respectively

Canada's Teck Resources TECK.N down 2.9% while Hudbay Minerals HBM.TO, HBM.N down 4.03%

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