Trump Sworn in as President, SHFE Tin Surges to Recent Highs [SMM Tin Morning Brief]
Trump was officially sworn in as the President of the United States. The US President-elect Trump stated that tariffs and taxes will be imposed on foreign countries to benefit our citizens, rather than taxing our citizens to enrich other nations. To this end, we are establishing a foreign tax bureau to collect all tariffs and taxes.
During yesterday's night session, SHFE tin prices showed a strong upward trend. In the futures market, the price of the most-traded SHFE tin contract climbed to a recent high, with active market trading and an increase in trading volume. Influenced by the collective gains in the overseas metal markets, especially the significant rise in LME tin, positive signals were sent to the domestic market...
