铜价因50%关税威胁创新高，特朗普称“大限”不再延后

Core Points - President Trump has announced a firm implementation of tariffs starting August 1, with no possibility of delay, affecting various imports including copper and pharmaceuticals [2][3] - The copper tariff is set at 50%, leading to a significant surge in copper futures prices, reaching a historical high of $5.8955 per pound, with a 17% increase on the announcement day [5][6] - The pharmaceutical industry will face tariffs up to 200%, with a grace period of one to one and a half years for companies to relocate production back to the U.S. [6][7] Tariff Implementation - Tariffs will officially begin on August 1, with Trump emphasizing that there will be no changes to this date [3][4] - Additional tariffs of 10% will be imposed on goods from countries participating in the BRICS mechanism, including India [3][4] Market Impact - The announcement has caused a spike in copper prices, with the New York copper price exceeding the London Metal Exchange price by 25%, marking an unprecedented premium [5][7] - Analysts predict that the copper market will see increased buying activity before the tariffs take effect, leading to short-term price hikes [7][8] Industry Dependency - The U.S. relies heavily on copper imports, with net imports accounting for 36% of total demand, and significant imports coming from Chile, Canada, and Mexico [8] - The anticipated demand for copper is expected to rise significantly over the next decade, driven by sectors such as data centers and electric vehicle manufacturing [7][8]