Copper's volatile two-week-period Looking back at the past two weeks in the copper market, one thing is on everyone’s lips: Liberation Day . That’s the name traders have given to the day Donald Trump introduced his tariffs on numerous countries. And it is safe to say the market has been volatile the last two weeks caused by these tariffs. Because the announcement of tariffs is not the only thing that has happened. Copper prices the last 2 weeks on CME Copper prices took a steep dive once the tariffs were confirmed. Then came a flurry of mixed signals. First, there were rumors that the tariffs might be paused, speculation that was quickly denied by the White House on X (formerly Twitter). Just days later, however, came an official announcement: a 90-day pause on some of the tariffs . This did, not surprisingly, cause a volatile week for copper prices, and stock markets all over the world. The copper prices have not fully recovered to where it was two weeks ago, but ha...
Our previous blog post was dedicated to lithium. This week, it's copper's turn, and we're taking a closer look at what's stirring in the copper world these days. Political developments in the United States are creating new waves of uncertainty in global markets. And copper doesn’t escape the turbulence. The market has been unsettled since February, when announcements of a potential tariff on copper imports first surfaced. As a result, analysts are now warning of a possible collapse in copper prices in the near future. "Copper should be made in America." Copper and U.S. trade policy in focus. The current unrest in the copper market began with a trade investigation initiated by the White House. In February this year, U.S. authorities launched a formal inquiry to assess whether the import of copper poses a threat to national security. This type of investigation, known as a “Section 232 investigation,” grants the president the authority to impose tariffs if deem...