Copper Markets Brace for US Tariffs | Presented by CME Group
Bloomberg Televisionยท2025-07-22 17:32
The recent announcement of a 50% US tariff on copper imports effective August 1st is set to significantly disrupt the outlook for this vital metal across multiple sectors. Copper prices in the US have already surged to record highs. Electronics manufacturers, which rely on copper for circuit boards and other components, face higher production costs, which could lead to increased prices for consumer goods such as smartphones and appliances.Transportation equipment, especially electric vehicles, which use thr ...