Summary: US President Donald Trump announced a 50% tariff on copper imports, causing a surge in US copper futures prices. However, the lack of clarity on implementation details and the potential for exemptions have led to uncertainty and a decline in London and Shanghai futures. Analysts anticipate a potential pullback in copper prices if the tariff is implemented, but China’s significant demand for copper remains the primary driver of global pricing.

Link: https://www.businesstimes.com.sg/companies-markets/trumps-50-tariff-shocker-stokes-copper-market-mayhem