Copper Futures Gap Widens on Tariff Speculation
10 Articles
10 Articles
Copper Futures Gap Widens on Tariff Speculation
Copper prices on the London Metal Exchange surpassed $10,000 per ton on Thursday, driven by concerns over President Trump's potential tariff expansion on the crucial industrial metal used in everything from electric vehicles to power grids. Traders are rushing to deliver copper into the US before potential tariffs later this year. On Feb. 25, President Trump signed an executive order directing the US Department of Commerce to investigate the po…
Copper hoarding triggers prices in the face of Trump’s fear of new tariffs
The threat of tariffs by the United States extends to all kinds of products and it is enough for the possibility of its application to cause prices to skyrocket. This is what is happening with copper after Donald Trump ordered the U.S. Department of Commerce at the end of February to initiate an investigation into the possible application of tariffs on copper for reasons of national security. The decision is triggering the price of metal, which …
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