Nickel Prices Decline Amid US ‘Liberation Day’ Tariffs

Post Views: 320 Nickel US Tariffs Impact Nickel Market, Prices Drop Significantly Nickel prices on the London Metal Exchange (LME) have fallen to their lowest levels since October 2020. This decline follows the introduction of the US “liberation day” tariffs, which were more substantial than expected. These tariffs, announced on April 2, triggered a wave of uncertainty, causing a sharp drop across base metals markets. As fears of a global recession mounted, traders responded by selling off stocks, exacerbating the downturn. The US government implemented a 10% tariff on all trading ...