Copper futures fell below $5 per pound on Monday, marking a third consecutive session of losses as investors continued to grapple with global trade uncertainties.
The decline followed US President Donald Trump's latest threat to impose an additional 10% tariff on countries aligning with what he described as "anti-American policies on BRICS."
Analysts warned that such measures could dampen global growth and curb demand for industrial metals.
The pullback comes after copper rallied to a three-month high last week, driven by tightening global supply and a rush to redirect shipments to the US ahead of possible import duties.
That surge contributed to notable inventory drawdowns at both the London Metal Exchange and the Shanghai Futures Exchange.
However, analysts caution that the rally could quickly unravel if US demand falters or if upcoming tariff announcements underwhelm market expectations.
