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Trump sends copper prices crashing after his tariff exemption wrecked this popular trade
President Donald Trump’s decision this week to impose tariffs starting Aug. 1 on imports of certain copper products, but not on refined copper itself, tanked prices for the industrial metal on ...
Traders refer to the price of physical copper as the spot price. Because these transactions are for immediate delivery, they’re settled on the spot. Copper spot prices are typically quoted in pounds ...
Update: This story has been revised to reflect breaking news as of July 30, including President Trump's announcement that refined copper metal is exempt from the new 50% tariff. On July 30, President ...
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America's copper obsession sparks a price spike the market can't ignore
America's race to lock down copper has turned a once-sleepy industrial metal into a frontline asset of economic and geopolitical strategy. Prices are surging, domestic premiums are distorting global ...
July saw extreme volatility in Comex copper prices, peaking 41.74% above January levels before a 24.56% collapse following tariff exemptions. The White House’s unexpected tariff adjustment removed ...
Copper prices have been fluctuating significantly in response to evolving trade policies and agreements between major economies. Despite concerns about a supply deficit, the International Copper Study ...
For the second time in three years, copper prices are surging past the once-unthinkable $5 per pound mark. Futures on New York's Comex recently surpassed $5.35 per pound — but this time, it's not ...
The price of copper hit a record high in the US yesterday (8 July) as president Donald Trump suggested that imports of the red metal into the country could be slapped with a 50% tariff. Trump told ...
Dr Copper is not happy with the health of his patient, the global economy, with a price that refuses to get out of bed and a prognosis which points to slow economic growth next year. Long regarded as ...
Copper prices are on the rise due to supply issues, primarily stemming from a production stoppage at the Grasberg mine in Indonesia, one of the world’s largest copper producers. That scenario should ...
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