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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.
Copper retreated from record highs on Wednesday as industry watchers grappled with what a 50% tariff rate on imports would do ...
Donald Trump's mooted 50% tariff on copper imports into America has sharply exacerbated what was already a dislocation ...
London copper prices pared some earlier losses in volatile trading as traders digest President Trump’s announcement of a 50% U.S. import tariff. Gold futures slipped.
Copper shipments into the United States are expected to accelerate in the coming weeks in a final scramble to get metal ...
The global copper market split in two on Wednesday. President Donald Trump’s 50% tariff on imports of the metal sent U.S prices higher while London prices sank. In the U.S., front-month copper futures ...
President Trump's threatened 50% copper tariffs have boosted prices for the metal in the U.S. far ahead of anywhere else, ...
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