US Copper Tariff Announcement Fuels COMEX Copper Price Volatility

COMEX Copper Price COMEX Copper Prices Surge Amid US Tariff Uncertainty The US copper market experienced unprecedented volatility following remarks by President Donald Trump on a proposed 50% tariff on copper imports. Although no formal policy has been published as of July 18, Trump publicly confirmed the intent to impose the tariff starting August 1. The comment, delivered during a cabinet meeting, sent shockwaves through commodity markets, especially the COMEX copper exchange. Copper prices on COMEX responded instantly. The spot price jumped 66 cents per pound, a 13% increase, closing at a r...