Trump's Tariffs Trigger Sharp Decline in Copper Prices
Originally Published 5 months ago — by Financial Times
US copper prices dropped significantly after President Trump exempted refined copper from new tariffs, surprising markets and causing an 18% decline in copper futures. The move aims to boost domestic copper processing and reduce dependence on China, with measures including increased domestic sales of copper scrap and input materials, and potential future restrictions on exports. The policy shifts are part of broader efforts to strengthen US critical mineral supply chains.
