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Copper futures settle down amid escalating US-China trade tensions

15 Oct 2025 Evaluate
Copper futures settled down on Tuesday on account of escalating US-China trade tensions as both nations impose new port fees on each other's ships. However, some falls were limited by dollar weakness as dovish comments by Federal Reserve Chair Jerome Powell reinforced expectations that the Federal Reserve will cut interest rates at the October 28-29 FOMC meeting. 

Copper futures for December delivery fell $0.121 to settle at $5.0230 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 2.24% at $10,578 a ton.

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