President Trump ordered an investigation into placing tariffs on copper imports, as he believes foreign dominance of copper exports poses a threat to US national security and economic stability. The news caused investors to adopt a risk-off mindset, leading to stability in gold prices and increased interest in safe haven assets. Additionally, copper futures traded on the Comex saw a rise of as much as 5%.
Content Editor ( blockworks.co )
- 2025-02-26
Copper tariffs, changing timeline position markets for more volatility
