Copper Rises as China Says It’s Weighing Trade Talks With US

By Eddie Spence and Yvonne Yue Li – Yahoo finance

Copper rose for a second day as signs of a thaw in US-China trade talks boosted investor sentiment.

China said it is assessing the possibility of trade talks with the US, the first sign since President Donald Trump hiked tariffs last month that negotiations could begin between the two sides. Beijing is also considering ways to address the Trump administration’s complaints over China’s role in the fentanyl trade, the Wall Street Journal reported, citing people familiar with the matter.

Base metals have been battered by Trump’s steep tariffs on China, which threaten to undercut economic growth and curb demand for commodities.