Copper’s Climb Due to Tariffs is Unable to Lift Other Metals’ Prices
Latest figures from the London Metal Exchange show that copper is closing out the first half of this year with 12% gains. U.S. copper contracts on the CME are trading at $1,200 per metric ton, recording price increases as LME stocks continue to fall while more physical copper is redirected to America. This comes as the tariff trade continues to be volatile, months after President Trump introduced his Liberation Day tariffs. Changes are expected once the Trump administration makes the decision on whether to impose import tariffs. The tin market in London has also experienced some volatility thus far this…