By Hongmei Li

SINGAPORE, July 7 (Reuters) - Copper prices on the Shanghai Futures Exchange and London Metal Exchange fell on Monday, pressured by concerns over U.S. trade negotiations and uncertainty surrounding potential tariffs ahead of President Donald Trump's July 9 deadline.

The three-month copper contract CMCU3 on the LME fell 0.31% to $9,834 per metric ton by 0103 GMT and the most-traded contract SCFcv1 on the SHFE lost 0.91% to 79,440 yuan ($11,088.00) a ton.

The U.S. is close to finalising several trade agreements and will notify about a dozen countries of higher tariff rates starting Monday, President Donald Trump said on Sunday, with the higher rates scheduled to take effect on August 1.

"Markets are fretting that Trump's policies could trigger a global economic slowdown and hurt demand for industrial commodities," ANZ said.

"Copper price softening is expected also with rising copper stocks at LME and SHFE recently and the dampened consumption enthusiasm on higher prices," a Shanghai-based metal analyst at a futures company said.

Copper inventories CU-STX-SGH at SHFE-monitored warehouses gained for the first week after three by July 4, rising 3.7% to 84,589 tons, which is 73.7% lower on the year.

Total copper stocks MCUSTX-TOTAL at the LME-registered warehouses rose for four consecutive days till Friday, advancing 5% to 95,275 tons.

SHFE nickel SNIcv1 fell 1.05% to 121,190 yuan a ton, zinc SZNcv1 receded 0.83% to 22,165 yuan, tin SSNcv1 fell 0.82% to 266,770 yuan, aluminium SAFcv1 lost 0.68% to 20,500 yuan and lead SPBcv1 shed 0.29% to 17,220 yuan.

LME nickel CMNI3 slipped 0.36% to $15,235 a ton, zinc CMZN3 eased 0.24% to $2,717.5, lead CMPB3 ebbed 0.17% to $2,055, while tin CMSN3 added 0.07% to $33,725.

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(Reporting by Hongmei Li; Editing by Sumana Nandy)

((hongmei.li@thomsonreuters.com;))

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