US Copper Plunges After Trump’s Tariff Surprise
Bloomberg Television·2025-07-31 14:27
President Trump also slapped 50% tariffs on copper imports, but he exempted refined metals. You can see the huge plunge that had in US treated copper down 22% in the two days, about 20% just yesterday. Joining us now is Bloomberg's Martin Ritchie.Martin, how did this all unfold. As you say, this is another big surprise for the copper market after a year of big surprises and quite a lot of volatility. The copper tariffs have been signaled well in advance since at least February.But for a long time, the kind ...