U.S. President Donald Trump on Tuesday ordered a probe into possible tariffs on copper imports to rebuild U.S. production of a metal critical to electric vehicles, military hardware, semiconductors and a wide range of consumer goods.
The White House proclamation directing Commerce to initiate a Section 232 investigation on copper imports is now live. As always, the stakes are
U.S. listed copper stocks shot higher today as investors took a shine to President Trump’s warning that imports of the metal could be a
President Trump issued an executive order (EO) requiring the US Department of Commerce (Commerce) to investigate the national
The officials, briefing reporters on condition of anonymity, said it was premature to discuss a potential rate for the tariffs. Copper futures in New York surged nearly 5% for their biggest intraday gain since May last year.
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