Metal Stocks Slump Amid Rising Trade War Tensions
NSE Nifty Metal Index fell 3.29 percent in early trade to 3,442.75, its lowest in six months.
China, as a retaliation to U.S. President Donald Trump’s tariff plans, announced for reciprocal tariffs on $3 billion of imports from the U.S. Such imports include U.S. pork, recycled aluminium, steel pipes, fruits and wine.