Copper Hits Record $14,530/Ton on Trump Tariff Expectations

London copper prices surged to a record above $14,530/ton, driven by market expectations that President Trump will expand US tariffs on imported refined metal. The move reflects anticipatory buying ahead of a potential policy shift, though the exact scope and timing of the tariffs remain unconfirmed. This signals rising trade tensions and potential supply-chain adjustments in the metals market.