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Traders rushed to stockpile copper before Trump's tariffs. Now they're stuck with a lot of it.
Copper traders were caught flat-footed after refined copper was exempted from Trump's new tariffs. The exemption triggered a 20% drop in copper futures on the COMEX exchange. Traders now face excess inventory, with COMEX stockpiles at a 21-year high.
U.S. President Donald Trump on Wednesday issued a blitz of tariff announcements ranging from changes to previously threatened ...
U.S. copper futures ended Thursday down more than 22%, by far their [largest single-day drop on record]( ...
The tariff trade, which has defined the copper market since February, has imploded. The CME's U.S. contract plummeted by more ...
Rescue teams found a body inside a section of a Chilean copper mine that collapsed two days earlier during a moderate ...
U.S. copper prices plunged after President Trump unveiled 50% tariffs on copper products, but not on the raw material itself.
China's refined copper output is set to hit a record high in 2025, analysts say, as its giant smelting sector powers through ...
There was a major selloff after the Trump administration announced its copper tariffs. Economic weakness could send prices ...
Goldman Sachs Group Inc.’s salespeople were recommending their hedge fund clients bet on a surge in US copper prices just a ...
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