[US Tariff Escalation Expectations Weigh on Risk Appetite; March Consumption Recovery Becomes the Focus]
Macro side, the US Secretary of Commerce stated that on March 4, additional tariffs will be imposed on Canada and Mexico, with tariff levels to be determined by Trump. Meanwhile, reciprocal tariffs are expected to be implemented in April. Last Friday, the US dollar index closed higher in late trading, as market concerns over US tariffs and the trade war weighed on global economic trade, putting pressure on copper prices.
