Copper prices hit record high
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Trump ordered an earlier investigation into possible tariffs on copper imports, arguing global competitors could pose a threat to national security and economic stability.
Trump said on Tuesday that he would impose a 50% tariff on copper. Though the remarks were light on specifics, his comments sent the metal to all-time highs.
The copper market is flashing warning signs of scarcity with spot prices on the London Metal Exchange trading well above the futures.
U.S. copper prices vaulted to an all-time high. President Trump said Washington will slap imports of the metal with a 50% tax. Futures for the metal jumped 13%. That was the largest [single-day price
A spate of copper thefts amid rising metal prices overseas has sparked warnings to scrap metal dealers. “Copper and other metal thefts are a common occurrence given the value that can be gained from selling materials on,
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MarketBeat on MSNWhy Freeport-McMoRan Is The Copper King in a Tight MarketIndustry analysts are intensifying their discussion, and the message is clear: the world is facing a structural, long-term copper shortage. This trend will not resolve itself anytime soon; it is a fundamental market shift driven by powerful,