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Copper futures (HG1:COM) extended their rally on Thursday, rising around 2% as traders reacted to U.S. President Donald Trump’s announcement of a 50% tariff on imported copper, set to take ...
Photo: kazuhiro nogi/Agence France-Presse/Getty Images Copper futures fell in Asia and stock markets were mixed as traders and investors sifted through President Trump’s latest tariff threats.
Copper futures dropped over 2% to $5.46 per pound on Friday, despite being poised for a weekly gain of around 10% with analysts at BMI pointing to sudden shifts in U.S. trade policy.
Copper futures rose dramatically following President Trump's plan for a 50% import tariff, pushing domestic prices to a 25% premium over global markets amid growing demand.
President Donald Trump said he will announce a 50% tariff on copper on Tuesday, hoping to boost U.S. production of a metal critical to electric vehicles, military hardware, the power grid and many ...
Copper futures skyrocketed as much as 17% on Tuesday to an all-time high after U.S. President Donald Trump threatened to impose a 50% tariff on imports of the commodity, sparking fears of a big ...
Global stock markets have largely shrugged off President Donald Trump’s renewed tariff campaign. In commodities markets, however, tariff threats have sent the price of copper soaring to all-time ...
Commodities Corner Commodities Corner How Trump’s threat of 50% tariffs on copper could hurt America’s AI ambitions Copper futures ease back after ending at a record high Tuesday By Myra P ...
Copper futures in New York have soared almost 39% this year, outpacing the S&P 500’s 6% gain, bitcoin’s 24% gain and gold’s 26% gain. Trump’s tariffs on metals, including steel and ...