MARKET OVERVIEW - Copper on LME fell as Trump tariffs approach.

Copper prices in London fell as concerns about impending U.S. tariffs impacted sentiment, although sharper losses were avoided due to some weakness in the dollar. At the London Metal Exchange (LME), three-month copper dropped to $9,992 per ton, down 1.2% as of 06:49 UTC.

The dollar took a breather today, with weak U.S. consumer data and worries about the impact of comprehensive tariffs on U.S. growth curbing the recent surge. Last month, President Donald Trump ordered an investigation into potential new tariffs on copper imports as part of efforts to rebuild domestic production of this critical metal used in electric vehicles and military equipment. Markets are closely monitoring the movement of industrial metals to the U.S. ahead of a decision.