Escalating trade disputes between the US and other major economies may continue to put pressure on the shares of metal and mining companies.

The US imposed tariffs on $34 billion worth of Chinese goods, after which China retaliated slapping levies on an equal amount of American goods, including heartland staples such as soyabean, corn, pork and poultry. Analysts fear this would threaten to hurt global growth, especially of commodity prices.

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