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 ...
BEIJING (Reuters) -Global copper traders are offering cargoes to Chinese buyers as they look to offload metal no longer able to reach the U.S. before President Donald Trump's 50% copper tariff ...
Dealers aren’t sure they’ll be able to get it into the country ahead of the threatened Aug. 1 deadline. A 50% tariff on imported copper is set to take effect Aug. 1, and global markets are already ...
Copper traders racing to get cargoes into the US are looking to shift deliveries into Hawaii and Puerto Rico to cut shipment times, as Donald Trump’s plan for 50% tariffs threatens to slam the door on ...
Tariff of 50% on US copper imports higher than expected Levy expected to be in place by start of August Traders will try to cash in on US premium ahead of deadline July 9 (Reuters) - Copper shipments ...
Some US metal dealers are redirecting China-bound shipments of scrap copper through countries including Canada, Mexico and Vietnam in a risky move to avoid 10% import tariffs, according to people ...
Copper eased from an all-time-high, as markets took stock of a record rally that could hit physical demand for the crucial ...
Copper futures on the London Metal Exchange climbed to new record highs on Wednesday, driven by prospects of a December interest rate cut by the Federal Reserve, concerns over global supply, and a ...
Copper prices hovered just below $10,000 a ton on the London Metal Exchange on Wednesday, supported by supply risks in Indonesia and signs of easing deflation in China’s manufacturing sector. Freeport ...
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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 off guard on Wednesday after refined copper was excluded from President Donald Trump's new tariffs, leaving them with large stockpiles and rapidly falling prices. On ...
(Reuters) -Copper shipments into the United States are expected to accelerate in the coming weeks in a final scramble to get metal across the border before U.S. President Donald Trump's higher than ...
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