Copper tumbles globally after Trump’s 50% tariff call
- Posted on July 9, 2025
- By Business News Today
- 3 Views
Copper tumbles globally after Trump’s 50% tariff call
Copper prices dipped on the London Metal Exchange and Shanghai Futures Exchange following U.S. President Trump's announcement of a 50% tariff on copper. This move effectively ends the arbitrage trade that had been drawing copper into the U.S., causing Comex inventories to surge.
