Trump Says 50% Copper Tariff To Take Effect Aug. 1
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Trafigura, Mercuria, Glencore and IXM set for bumper profits from metal shipped into America ahead of new levies
London-listed miners popped Thursday with the coppor market in turmoil, as investors digested better economic news from China.
The commodity’s price is near a record high because of Trump’s trade war. It might be wise for investors to wait for a dip before easing in.
President Trump's threatened 50% copper tariffs have boosted prices for the metal in the U.S. far ahead of anywhere else, lifting the premium to roughly one quarter. Copper futures mainly trad
Copper shipments into the United States are expected to accelerate in the coming weeks in a final scramble to get metal across the border before U.S. President Donald Trump's higher than expected 50% tariff on imported copper takes effect.
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MoneyWeek on MSNWhy is the copper price rising?Fears of an upcoming 50% copper tariff have caused a spike in copper prices in the US, though the red metal’s price is falling elsewhere