Trump Announces 50% Tariff on Copper Imports, Prices Surge
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LN24 / 6 months
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- 3 min read
President Donald Trump has announced a 50% tariff on copper imports in an effort to strengthen domestic production of the metal, which is vital to electric vehicles, defence manufacturing, power infrastructure, and a wide array of consumer goods. U.S. copper futures soared over 12%, reaching a record high following the announcement. The decision came earlier […]