The price of buyer rises to the temporary stop of the fees for electronic devices

Copper’s price has recorded a slight increase with most other minerals after US President Donald Trump announced the release of some products of punishment customs duties, which contributed to improving the morale on financial markets. The US president announced a temporary freezing point of customs duties late Friday on a group of electronic devices of consumers, including smartphones and memory flakes. Thanks to this, the markets have taken place a temporary ceasefire after a period of manure raised by its commercial policy. On Sunday, however, he returned to confirm his intention to impose specific and different fees on telephones, computers and ordinary electronic devices for consumers. On the other hand, the “Bloomberg” index of the immediate dollar fell 0.5% today, Monday, which recorded the lowest level this year, and dropped to the fifth consecutive session amid the suspicion of some traders on the effectiveness of releases for customs duties. The goods and customs fears for this decline also come in light of the fear of global economic stagnation to these fees, which has caused a wave of losses that have included the most goods over the past month. The Chinese trade data for March, released on Monday, showed that the mineral exporters had to shipping large quantities before the increase of commercial stress, and utilized the last full month before the US fees applied. Steel exports increased by 5.7% to record their highest level in five months, while the export of aluminum remained stable, despite the Chinese government that canceled the policy of restoring exports in December, and meanwhile the import of iron ore fell. Al -nahhas wore last weekend after closing at its lowest level on Wednesday. By 15:10 Shanghai time, it trades 0.5% at $ 9195 per tonne on the London Metal Stock Exchange. Al -Nickel also recorded profits, while aluminum was completed, and rough -iron contracts in Singapore rose 0.6% to $ 97.65 per tonne.