Trump’s 50% copper tariff triggers mad dash to stockpile metal. NY futures spike 28.5%. Traders reroute shipments to beat August 1.
Copper traders are racing against the clock to move inventory into the United States before August 1, when a 50% tariff on copper imports takes effect. President Trump confirmed the decision on July 9, citing national security concerns. The tariff applies across the board, with no exemptions announced for origin or product type. The U.S. …