Copper miners rise after US and China agree to slash reciprocal tariffs

Benchmark three-month copper CMCU3 on the London Metal Exchange up 1% at $9,542 a metric ton

Prices rose after the U.S. and China agreed to slash reciprocal tariffs that eased global recession fears

U.S.-listed shares of global mining giants Rio Tinto RIO.N and BHP Group BHP.N rise 3.2% and 3.5%, respectively

Copper miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N up 3.5% and 6.2%, respectively

U.S.-listed shares of Canadian miners Hudbay Minerals HBM.N and Teck Resources TECK.N gain 7% and 6.3%, respectively