Global Markets React to Escalating U.S.-China Trade Tensions

Via Metal Miner The so-called “Trump Tariffs” imposed by U.S. President Donald Trump caused uncertainty in the global metals market earlier in the week. Though he did pause imposing tariffs on goods from Mexico and Canada for one month, there could still me plenty more chaos down the road. The current tariffs include a 25% levy on goods from Canada and Mexico, as well as a 10% levy on imports from China. But in a tit-for-tat move, China responded by imposing a 15% tariff on the import of U.S. coal and liquefied natural gas on Tuesday.…