Copper Prices Reach Record High as Investors Fear US Tariffs
Copper prices surge to a record high amid concerns of potential tariffs under new US President. The metal's price in New York broke through previous records following a Bloomberg report on possible trade measures.
Copper prices surged to a record high in New York as news emerged that President Donald Trump may impose tariffs on copper imports, sending prices soaring above previous records and causing significant market volatility. The surge follows similar price increases seen in other metals such as gold due to ongoing global economic uncertainty. Copper prices are expected to continue to rise as investors adjust their expectations of future trade policies. The record-breaking high is likely to have a ripple effect on the broader metal markets.
