Trump Says 50% Copper Tariff To Take Effect Aug. 1
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London-listed miners popped Thursday with the coppor market in turmoil, as investors digested better economic news from China.
U.S. President Donald Trump's 50% tariff on copper has placed a record premium on prices of the metal in the United States that is likely to ease over the coming months as a stockpile created by traders anticipating the levy works through the system.
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