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Primary Aluminum Premiums In Contrasting Movement Globally
During the week ending Tuesday, April 8, P1020A primary aluminum premiums showed mixed trends in major global trading areas, reflecting widespread uncertainty and generally bearish sentiment. According to various market sources, the dynamics are influenced by seasonal...
Base Metals Prices In Free Fall In Shanghai: Tin Drives Declines
On Wednesday, April 9, during the morning trading session on the Shanghai Futures Exchange (SHFE), all the major base metals posted declines, with tin posting the steepest decline among the most heavily traded contracts. As of 10:30 a.m. (Shanghai time), the prices of...
EU-U.S.: Trade Tension Grows, European Countermeasures Coming
On Monday, April 7, at the end of a crucial meeting of the European Union's Foreign Affairs Council, came the declaration that marks a turning point in transatlantic trade relations: the EU is ready to apply counter tariffs on imports from the United States. After...
Confusion And Economic Impacts After New U.S. Duties
The initial blow caused by President Trump's long-awaited announcement of tariffs last week is quickly giving way to two far more lasting phenomena: economic fallout and a growing confusion. Indeed, within the White House itself, contradictory messages, divergent...