Trump, Copper
Digest more
Trump announces 19% tariff on Indonesian goods
Digest more
Rodrigo Barbosa, Aura Minerals CEO, joins 'Money Movers' to discuss the company's IPO, the impact of tariffs on business and more.
The US administration's proposed 50% tariffs on copper imports are not yet fully detailed, but they pose significant risks of increased costs across various sectors.
President Trump wants America to produce more of the much-needed mineral, but a 50 percent tariff could undermine his aim of a manufacturing renaissance.
Three-month copper on the London Metal Exchange eased 0.06% to $9,640 per metric ton by 0701 GMT, while the most-traded copper contract on the Shanghai Futures Exchange added 0.06% to 77,980 yuan ($10,865.11) a ton.
Explore the impact of tariffs on U.S. copper markets. Click for risks for Southern Copper Corporation in Peru, and why I suggest a long FCX/short SCCO strategy.
U.S. President Donald Trump's threat of a 50% tariff on copper imports is raising alarm in the U.S. auto sector, as it could make it even harder for carmakers and suppliers to absorb border taxes and rising costs,
Prices of clothing and shoes are expected to be particularly impacted by the tariffs, Yale University’s Budget Lab found.
The world’s biggest maker of copper cable is applauding President Donald Trump’s planned 50% tariff on the metal, saying it will bolster the American supply chain, with costs passed on to customers.