US Copper Prices Surge to Record
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Futures contracts hit a record price after the president announced plans for a 50 percent tariff on the metal, driving up costs for businesses.
President Trump's threatened 50% copper tariffs have boosted prices for the metal in the U.S. far ahead of anywhere else, lifting the premium to roughly one quarter. Copper futures mainly trad
The U.S. price premium surged past the global benchmark to hit record highs this week, in reaction to President Trump's proposal to place a 50% tariff on copper imports.