Copper Fever Cools. The Case to Sell This Mining Stock.
Tuesday, Morgan Stanley analyst downgraded shares of Freeport-McMo-Ran and Southern Copper
What does ‘selling copper's downside risk' mean?
UBS recently put forward the idea of ‘selling copper's downside risk' as a way to generate extra returns in the current market. But what does that actually mean in plain English?
Explaining the 'copper conundrum' in the wake of Trump's 50% tariff threat
Call it a copper conundrum: with a 50% US tariff on refined copper imports set for 1 August, the global copper market is already seeing distortions. The premium for copper in the United States over the London Metal Exchange (LME) has widened, fuelling a rush of shipments into the US ahead of the new tariff.
Trump's copper tariffs plan to include semi-finished products, Bloomberg News reports
U.S. President Donald Trump's plans to impose 50% tariffs on copper would include semi-finished products such as those used for power grids, the military and data centers, Bloomberg News reported on Thursday, citing people familiar with the matter.
Trump says 50% tariff on copper will begin Aug. 1
Trump says 50% tariff on copper will begin Aug. 1
Copper Skyrockets to New Highs: ETFs to Ride the Tariff Talks
CPER surges with copper hitting a record high in response to Trump's 50% tariff threat, with miners' ETFs like COPJ, COPP and COPA following suit.
Trump threatens 50% tariffs on copper, 200% on pharmaceuticals
However, the President did not disclose when the tariffs would take effect.
Trump Delays Tariffs, Copper Soars, Stocks Dip, Yields Rise as Markets Brace for August Showdown
Trump's tariff deadline extension and copper tariffs drive market focus, shifting stocks, bonds, gold, and FX as traders brace for August decisions.
Copper Market Turmoil Amid Trump's Touting 50% Tariff
US President Donald Trump indicated the US would implement a higher-than-expected 50% tariff on copper imports, spurring a record spike in New York futures and a drop in the global benchmark. Bloomberg's Martin Ritchie breaks down the situation.
Trump Hardens Tariff Threats on Copper, Drugs
US President Donald Trump vowed to push forward with his aggressive tariff regime in the coming days and indicated he could announce substantial new rates on imports of copper and pharmaceuticals. Bloomberg's Jill Disis reports.
Copper Prices Surge To Record High In Largest Increase Since ‘80s—Here's Why
Just over 50% of the total refined copper consumed in the U.S. is imported, according to the U.S. Geological Survey. Of the copper imported, about 38% comes from Chile, according to USGS, followed by Canada (28%) and Mexico (8%).
Trump says he will impose 50% tariff on copper imports
President Trump said he will impose a 50% tariff on copper imports, and suggested more steep sector-specific duties are on the way.
