Tag Archives: stockpiles

Copper traders were caught off guard on Wednesday after refined copper was excluded from President Donald Trump’s new tariffs, leaving them with large stockpiles and rapidly falling prices. On Wednesday, copper futures on New York’s COMEX exchange plunged 20% in one day — the largest intraday drop since the contract began trading in 1988. The sell-off followed the Trump administration’s …

Manufacturers plead for US tariff clarity before copper stockpiles dwindle  Financial Times Opinion | Trump’s Tariffs Blow Up the Copper Market  The Wall Street Journal Once-in-a-Generation Copper Trade Upends a $250 Billion Market  Bloomberg.com Trump’s copper tariffs pile more metal misery on US auto industry  Reuters Triangle businesses brace for possible 50% copper tariff  ABC11 Source link