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Copper Futures Surge After Trump Announces Massive Copper Tariff
Copper futures surged to a record high Tuesday after President Donald Trump announced a 50% tariff on all copper imports. “Today we’re doing copper,” Trump said at a cabinet meeting after rattling off his earlier tariffs on aluminum and steel.
Trump's 50% tariff raises concerns over copper production
In 2024, the U.S. imported almost half of the copper it used, according to a December 2024 U.S. geological survey. Most of the imported copper came from Chile, the survey found. “This 50% TARIFF will reverse the Biden administration’s thoughtless behavior,
Trump ordered an earlier investigation into possible tariffs on copper imports, arguing global competitors could pose a ...
Chile copper giant Codelco profits surge on higher metals prices. By Fabian Cambero and Anthony Esposito. ... He added that 2022 total copper production should be similar to 2020 and 2021 ...
President Donald Trump announced a 50% tariff on copper imports on Tueday, a move aimed at bolstering domestic production and ...
It also projected Chilean production at 5.7 million tonnes of copper in 2022, a year-on-year increase of 2.6%. For 2023, the estimate is for Chile's copper production to rise 4.8% to 6 ...
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PwC warns global chip production at risk from copper disruptionsPwC estimates that about a third of the global semiconductor production is under threat of supply disruptions caused by ...
Copper futures drifted lower in London, falling back from multi-week highs seen after an earthquake hit Chile, the world’s biggest supplier.
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