Copper prices near an all-time high amid Trump’s tariff threats, China’s stimulus
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Euronews.com
30 napja
Copper prices have surged 27% this year due to Trump's tariff concerns and China's stimulus measures, reaching $5.15 per pound. Demand for copper is rising due to electrification, AI, and renewable energy, while supply is constrained by investment issues. Trump's executive order to investigate copper imports aims to address national security concerns, potentially leading to tariffs. China's government plans to boost domestic consumption and has set a GDP growth target of 5%. The US dollar's weakness has also contributed to rising metal prices. Teljes cikk (Euronews.com)