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Copper Hits Record Highs on Supply Shortage, US Tariff Uncertainty
Al Jazeera AR·US·1 day ago
Copper futures and equities fell after Reuters reported the White House has stalled on imposing refined copper tariffs, citing affordability concerns. The delay reverses earlier expectations of imminent tariffs, which had driven copper to record highs and triggered a flood of physical metal into US warehouses. Uncertainty over the final decision is now pressuring prices and related stocks.