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Traders rushed to stockpile copper before Trump's tariffs. Now they're stuck with a lot of it.
Copper traders were caught flat-footed after refined copper was exempted from Trump's new tariffs. The exemption triggered a 20% drop in copper futures on the COMEX exchange. Traders now face excess inventory, with COMEX stockpiles at a 21-year high.
U.S. copper futures ended Thursday down more than 22%, by far their [largest single-day drop on record]( ...
U.S. President Donald Trump on Wednesday issued a blitz of tariff announcements ranging from changes to previously threatened ...
Rescue teams found a body inside a section of a Chilean copper mine that collapsed two days earlier during a moderate ...
U.S. copper prices plunged after President Trump unveiled 50% tariffs on copper products, but not on the raw material itself.
The tariff trade, which has defined the copper market since February, has imploded. The CME's U.S. contract plummeted by more ...
There was a major selloff after the Trump administration announced its copper tariffs. Economic weakness could send prices ...
Goldman Sachs Group Inc.’s salespeople were recommending their hedge fund clients bet on a surge in US copper prices just a ...
China's refined copper output is set to hit a record high in 2025, analysts say, as its giant smelting sector powers through ...
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