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How New Copper Tariffs Are Reshaping Global Trade Patterns
The global copper market is experiencing unprecedented turmoil following the announcement of a 50% tariff on U.S. copper imports. On July 10, 2025, the Trump administration delivered what industry analysts call a "double surprise" – not only was the tariff rate significantly higher than anticipated, but the August 1st implementation timeline gave markets minimal adjustment time. "US President Donald Trump sprang a double surprise on the copper market when he announced import tariffs of 50% effective next month. The market was betting that tariffs would be set lower and come with a longer lead-time." – ... (full story)