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Copper Stocks Hammered As White House Tariff Doubts Rattle Metals Trade
Copper Stocks Hammered As White House Tariff Doubts Rattle Metals Trade
Copper future and related stocks plunged on Thursday morning after a Reuters report said that the White House's "copper tariff plan stalls amid affordability concerns."
The Trump administration has yet to decide whether to impose tariffs on refined copper, sending copper prices around the world to record highs this summer as physical copper flooded US warehouses.
The report from the outlet:
The White House has not yet made a decision on refined copper tariffs as officials juggle concerns that higher prices for...
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Authored by Steve Watson via Modernity,
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