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Wealth Tracker: Did Trump crash the copper market?
Manage episode 498638373 series 2467889
A historic plunge in copper prices, just as traders thought they had it all figured out. President Trump’s surprise tariff pivot is sending shockwaves through the metals market, sparing raw copper but hitting finished products like pipes and wiring with a hefty 50% duty.
What does this mean for copper supply chains, manufacturers, and investors? Could it reshape global trade or simply add more uncertainty to an already volatile market?
On Wealth Tracker, Hongbin Jeong speaks to Craig Lang, principal analyst at CRU Group, to find out more.
See omnystudio.com/listener for privacy information.
4867 episodes
Manage episode 498638373 series 2467889
A historic plunge in copper prices, just as traders thought they had it all figured out. President Trump’s surprise tariff pivot is sending shockwaves through the metals market, sparing raw copper but hitting finished products like pipes and wiring with a hefty 50% duty.
What does this mean for copper supply chains, manufacturers, and investors? Could it reshape global trade or simply add more uncertainty to an already volatile market?
On Wealth Tracker, Hongbin Jeong speaks to Craig Lang, principal analyst at CRU Group, to find out more.
See omnystudio.com/listener for privacy information.
4867 episodes
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