Copper tariffs are likely to be passed off to consumers, says BoA Securities' Michael Widmer

Copper now hovering near record highs and on track for its best week since March of 2022 after President Trump announced plans for a 50% tariff on copper imports starting on August 1st. It looks like right now it's off by about 8/10en of a percent. Let's bring in Michael Whitmer, Bank of America Securities head of metals research.Is the market pricing in these tariffs, Michael. It is, but not fully. I think we're halfway there and having those uh those tariffs priced uh priced in.I think over time we are pr ...