Copper futures jump 2% after Trump tariff decision; global mine output seen rising 2.5% in 2025

7 hours ago 2
Production of copper wire, cable in reels at factory. Cable factory.

FabrikaCr

Copper futures (HG1:COM) extended their rally on Thursday, rising around 2% as traders reacted to U.S. President Donald Trump’s announcement of a 50% tariff on imported copper, set to take effect on August 1.

The move was bolstered by a

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