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Trump’s 50% copper tariff includes a major exemption. That won’t halt price rises

From cnbc.com

A major exemption to President Donald Trump’s 50% copper tariff has shocked traders and sent U.S. market prices plummeting. The final order on copper tariffs, which the Trump administration says will boost the domestic copper production industry, applies to semi-finished products such as pipes, rods, sheets and wires. It also impacts copper-intensive items like cables and electrical components. But crucially, it does not include the raw input material copper cathode, copper ores, concentrates or scraps, as had been widely expected. However, analysts say that may not be enough to avoid prices for a range of consumer ... (full story)

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  • Category: Fundamental Analysis