Business & Finance
Copper Wavers Near $14,000 as Traders Watch for Trump’s Tariff
Key Points
Commodities Copper Wavers Near $14,000 as Traders Watch for Trump’s Tariff Copper pulled back from its highest level since early June as traders watched for any announcement from the White House on its plans for import tariffs on the metal. The US Department of Commerce was supposed to hand President Donald Trump fresh recommendations on levies more than three weeks ago, but no decision has been unveiled so far. The prospect of tariffs has pulled large volumes of metal into the US this year,...
Commodities
Copper Wavers Near $14,000 as Traders Watch for Trump’s Tariff
Copper pulled back from its highest level since early June as traders watched for any announcement from the White House on its plans for import tariffs on the metal.
The US Department of Commerce was supposed to hand President Donald Trump fresh recommendations on levies more than three weeks ago, but no decision has been unveiled so far. The prospect of tariffs has pulled large volumes of metal into the US this year, tightening the global copper market.