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Trump’s Copper TACO Move To Trigger Huge Market Revamp
Since the start of 2025, US copper prices have surged to unprecedented highs, fueled by the market anticipation of the 50% tariff on imported copper goods under President Trump’s administration trade agenda. The market rally was largely triggered by the fears of possible supply disruptions and increased costs of copper raw materials for the US manufacturers after the tariffs would come into force starting August 1. However, the current US administration's erratic trade policy has once again put the markets into a state of bewilderment: the White House announcement on July 30, exempting raw copper materials from the ... (full story)
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Aug 4, 2025 2:01pm
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From agmetalminer.com | Aug 4, 2025
In an 11th-hour reversal, the White House has exempted refined copper products, including cathodes, scrap and concentrates, from a looming 50% import tariff. Effective August 1, 2025, copper tariffs will only apply to semi-finished copper goods The surprise exemption caught metal markets off guard and sent U.S. copper prices into freefall. COMEX copper ...
