Why did spot prices go up despite Trump threat to impose tariffs on imported copper? Peter McGuire explains

February 27, 2025

Peter McGuire discusses the volatility in the commodity market due to Trump’s potential tariffs on copper imports aimed at boosting US production. Despite the uncertainty affecting market stability, the demand-supply dynamics and potential disruptions in copper will influence prices. McGuire also observes the interplay between the US dollar index, treasury yields, and inflation, highlighting the complexities in market forecasts.

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