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US-China Trade War and Copper: Is there a Connection?

Mark O'Hara
US-China Trade War and Copper: Is there a Connection?

Firstly, as China is the world’s largest copper consumer, anything negative for the Chinese economy is a bearish driver for industrial metals. BHP Billiton (BHP), Vale (VALE), and Rio Tinto (RIO) rely heavily on China’s metal appetite. A US-China trade war could impact the Chinese economy.