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President Donald Trump said he would apply a new eclipse in a broader Levy policy, and said that 50% tariffs will apply to the imported copper.
Copper prices began on Tuesday of the President Donald Trumps Since he wants to increase the internal production of critical metal, it will apply to copper imports by 50% tariffs.
The price of the copper was recorded a record, after the president’s statement, 50% of the leadership in front of the press, the leadership will apply the 50% tariff this year, to start a national security investigation this year Copper imports This summer is expected to draw results.
“We’re coppering today,” he said. “I believe that I believe in copper tariffs, but not to determine whether it will not be limited to copper imports from certain countries. Trading Secretary Howard Lutnick, later in July or August, said the tariffs will be applied in July or August.
Copper futures, Tariff plans, because tariff plans have taken a longest day of movement after signaling more restrictions on tariff plans.
Trump put 50% tariff collateral on copper imports
Copper was a high demand before the tariff announcement as a result of efforts to raise the electric network at a high level. (Andrey Rudakov / Bloomberg / Getty Images)
Phil Flynn, Price Futures Group and Fox Working Network, Fox Working Network, Copper Information Centers Celebrated Electricity Request As a Growing Requirement High Demand in a investor in an investor in an investor in the artificial intelligence.
Flynn wrote that “the market is really critical with criticism” and that the copper market is expected to increase in the future.
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Kennecott Copper, Utah, Salt Lake City, Mining Cultural outside Utah. (Getty Images / A Pictures / Universal Images Group) via Getty Images)
Adam TurnQuist, LPPL financial strategy for finance, investor was found in the investor because the market was “waiting for a lower tariff rate of the market.”
TurnQuist added that the demand is an increase US Copper Internal prices have seen a 25% award for copper trading in the London Metal Exchange, which has seen the lack of global supply.
“Rising copper prices can significantly affect copper-intensive sectors such as construction construction, equipment production, electric vehicles and electronic products, electric vehicles and electronic products,” TurnQuist. “Widespread use of copper can be fuel inflation anxiety.”
Copper The cost of a record that recorded a record of a record of a record, a meeting with a cabinet in a cabinet, the leadership will apply 50% tariff to copper imports. (ITOK / ISTOCK)
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Copper prices have risen more than 37% to date, including 29% increase in the last six months and more than 12% increase in the last month.
Copper prices over 21% over the past year.
Fox News Digital’s Michael Dorgan and Reuters contributed to this report.
