US Edition5 Homebuilding Stocks To Considering Selling On Copper Tariff Threats - D.R. Horton (NYSE:DHI), Ferguson Enterprises (NYSE:FERG)
UNITED STATES, JUL 17 – The 50% tariff aims to reduce reliance on imports despite the US using over 60% imported copper, risking higher costs for industries like construction and electronics, analysts say.
- On July 9, 2025, US President Donald Trump announced a 50% tariff on imported copper, set to take effect on August 1.
- Reliance on foreign copper underscores domestic shortfall, with only two operating smelters and a million tonnes of annual imports, US government officials argued that dumping and overcapacity have weighed on production.
- Pre-Tariff stockpiling sent 500,000 tonnes to the US, versus a typical 70,000 tonnes, Bloomberg reported that traders accelerated shipments.
- Bloomberg reported a spike in costs for US factories after the tariff announcement, and copper prices are expected to stay elevated amid constrained imports and sustained demand.
- Jefferies analysts wrote that full copper self-sufficiency is unattainable within a decade due to long mine development times, and BMI analysts warned the 50% tariff would fail to cut import reliance while heightening price pressures for US manufacturers.
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Copper Holds Steady as Traders Parse Tariffs, Technicals, and Tight Supply
Copper trading on July 18, 2025, showcased the metal’s resilience amid turbulent policy signals and continuous evidence of supply constraints. Official prices hovered near record levels, with the latest London and New York settlements putting copper around $9,678 per metric ton and $5.49 per pound, respectively—marking slight upticks of roughly 0.4% since the previous session. […]
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R 50%
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