Copper Market in Turmoil as Trump Touts 50% Tariff on US Imports
Bloomberg Television·2025-07-09 17:17
Well, it would if they can sell it into the US market, because in the US market, the copper price right now about $5.60% a pound is about 20 to 30, about 20 almost 30% above the same price it trades in London. In the rest of the world, that's those tariffs kicking in. So any way to get copper to the US and sell them for that market is wonderful.The problem is the copper in London is actually looks like it just peaked around $10,000 a tonne is right now the equivalent of a US price, about $4.40%. So that pre ...