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Copper Squeeze Unravels With Window Closing to Beat Trump Tariff
An acute copper supply squeeze is coming to an abrupt end as President Donald Trump’s plan to soon slap a 50% tariff on the metal narrows the window to profit from surging US prices. Most Read from BloombergAre Tourists Ruining Europe?
Trump's mooted copper tariff widens New York–London price dislocation
Donald Trump's mooted 50% tariff on copper imports into America has sharply exacerbated what was already a dislocation between New York and London prices for the metal. The chart shows that since Trump's inauguration traders have been placing a greater premium on the COMEX contract,
It means that already elevated prices are now even higher in the U.S. than elsewhere — and analysts warned of a hit to ...
President Trump's threatened 50% copper tariffs have boosted prices for the metal in the U.S. far ahead of anywhere else, ...
Futures contracts hit a record price after the president announced plans for a 50 percent tariff on the metal, driving up ...
Thanks to trade and tariff policy, US copper futures soared as much as 17% yesterday, the biggest one-day move since the ...
Goldman Sachs said on Wednesday that copper shipments into the United States are expected to accelerate in the coming weeks ...
Follow all the latest U.S. market action for Wednesday here to see if stocks can shake of their tariff anxiety and rally to ...
U.S. copper prices vaulted to an all-time high. President Trump said Washington will slap imports of the metal with a 50% tax ...
Gold prices traded lower, droped 0.39% to $3288 an ounce, near one-week low, pressured by rising Treasury yields and a ...
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