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Business & Finance

US Copper Inflows Surge as Market Awaits Trump Tariff Call

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Commodities US Copper Inflows Surge as Market Awaits Trump Tariff Call Copper is pouring into the US at the fastest rate in at least 12 years as traders position ahead of President Donald Trump’s decision on tariffs on refined imports. About 200,000 metric tons arrived in July, the biggest monthly inflow on record in IHS Markit shipping data going back to 2014. About 110,860 tons are stored at US ports outside the London Metal Exchange’s warrant system.

Commodities US Copper Inflows Surge as Market Awaits Trump Tariff Call Copper is pouring into the US at the fastest rate in at least 12 years as traders position ahead of President Donald Trump’s decision on tariffs on refined imports. About 200,000 metric tons arrived in July, the biggest monthly inflow on record in IHS Markit shipping data going back to 2014. About 110,860 tons are stored at US ports outside the London Metal Exchange’s warrant system.
US (LOCATION) Donald Trump (PERSON) IHS Markit (ORG) the London Metal Exchange’s (ORG)
Originally published by Bloomberg Markets Read original →