Trump Slaps 50% Copper Tariff Into Effect—Metals Markets Braced for Shockwaves
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Trade wars just got heavier—literally. The Trump administration's 50% copper tariff hits today, sending industrial buyers scrambling and miners bracing for fallout.
Raw Material Roulette
Copper—the 'electricity metal' underpinning everything from EVs to grid infrastructure—just got 50% more expensive for US importers. No phase-in period, no exemptions. Pure geopolitical hardball.
Copper Cartels Smiling
Analysts predict South American and African producers will redirect shipments to Asia while US manufacturers eat the cost. Because nothing says 'America First' like incentivizing offshoring.
Crypto's Inflation Hedge Wink
Meanwhile in digital asset circles: Bitcoin maximalists are quietly stacking sats, whispering 'told you so' about fiat-driven supply shocks. Because when governments weaponize commodities, decentralized ledgers don't flinch.