BTCC / BTCC Square / Global Cryptocurrency /
Trump’s 50% Copper Tariffs Send Shockwaves Through Global Markets

Trump’s 50% Copper Tariffs Send Shockwaves Through Global Markets

Published:
2025-07-09 13:13:01
7
1
BTCCSquare news:

President Trump's abrupt announcement of 50% tariffs on copper imports triggered immediate market turbulence, with prices spiking 17% in a single session. The protectionist measure, framed as a national security necessity, threatens to disrupt supply chains across electric vehicle manufacturing, electronics, and data center infrastructure.

Market reactions were immediate but uneven. While U.S. equity futures showed muted response, copper futures on COMEX surged to record highs. European and Asian bourses exhibited divergent performance as traders priced in potential inflationary pressures from elevated industrial metal costs.

The tariff decision arrives amid growing speculation about additional trade barriers targeting pharmaceuticals and semiconductors. Market participants now brace for potential retaliatory measures from major copper-producing nations, setting the stage for prolonged commodity market volatility.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users