Copper Tariffs ‘Much Higher’ than Markets Expected, Supply Scramble
Schwab Network · Schwab Network
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Show Notes
David Aspell says the market will care more about tariff threats if they’re made against bigger trading partners. He thinks copper tariffs of 50% are “much higher” than the market expected, and its price surge has already had rippling consequences. He is bullish on copper (/HG) overall. “The [countries] we import copper from are generally friendly” to us, he adds, “The speed in which it’s being implemented is quite surprising.”
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