Trump Delays Canada, Mexico Tariffs, Sending Copper and Zinc Climbing

Trump Delays Canada, Mexico Tariffs, Sending Copper and Zinc Climbing

Copper and zinc rose after President Donald Trump delayed tariffs on Canada and Mexico by a month, dragging the US dollar lower.

Copper, an industrial bellwether, extended gains Tuesday amid the reversal in sentiment. Trump said he’s delaying the 25% levies on Canada and Mexico after both US neighbors agreed to take tougher border-control measures, warding off a continental trade war for now. A gauge of the US currency fell from its strongest in more than two years, making commodities more attractive.

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