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Copper glut driven by tariff threat to deflate US price bubble
U.S. President Donald Trump's 50% tariff on copper has placed a record premium on prices of the metal in the United States that is likely to ease over the coming months as a stockpile created by traders anticipating the levy works through the system.
Trump's mooted copper tariff widens New York–London price dislocation
Donald Trump's mooted 50% tariff on copper imports into America has sharply exacerbated what was already a dislocation between New York and London prices for the metal. The chart shows that since Trump's inauguration traders have been placing a greater premium on the COMEX contract,
2 Copper Stocks Poised to Profit After Trump Imposes 50% Tariff on Imports
Upending the Copper Market President Trump announced a 50% tariff on copper imports on July 8, aligning it with existing tariffs on steel and aluminum, as part of a strategy to bolster domestic industries and strengthen trade negotiations.
President Trump's threatened 50% copper tariffs have boosted prices for the metal in the U.S. far ahead of anywhere else, ...
Billionaire mining entrepreneur Robert Friedland welcomed US President Donald Trump’s vow to impose a 50 per cent tariff on ...
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