Trump Says 50% Copper Tariff To Take Effect Aug. 1
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Trafigura, Mercuria, Glencore and IXM set for bumper profits from metal shipped into America ahead of new levies
London-listed miners popped Thursday with the coppor market in turmoil, as investors digested better economic news from China.
London copper prices pared some earlier losses in volatile trading as traders digest President Trump’s announcement of a 50% U.S. import tariff. Gold futures slipped.
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MoneyWeek on MSNWhy is the copper price rising?Fears of an upcoming 50% copper tariff have caused a spike in copper prices in the US, though the red metal’s price is falling elsewhere