While the cost of copper is going up for American businesses and consumers, the rest of the world is scratching its head while it enjoys a considerable discount on the price of copper.

The US imports roughly half of copper needs each year, used in construction, transportation and electronics.

Although Trump’s tariffs might cause the flow of refined copper to be redirected from the US to other regions, that doesn’t mean the supply is flowing to China.

The huge discrepancy in U.S. prices compared to those elsewhere is expected to have a major economic impact.

US president announces sweeping new tariffs as he continues to change plans.

LME price sinks as traders bet any levies will ultimately hit demand for industrial metal

U.S. President Donald Trump's announcement of a proposed 50% tariff on copper imports has raised concerns in Chile and Peru, which together account for nearly 40% of global copper…

Trump's economic emergency rationale for implementing tariffs is problematic in at least this particular instance.

"America will, once again, build a DOMINANT Copper Industry," Trump said in a post on his Truth Social media platform.

"Copper is the second most used material," the US leader stressed

The president’s hype doesn’t hold the heat, they argued.

While the cost of copper is going up for American businesses and consumers, the rest of the world is scratching its head while it enjoys a considerable discount on the price of…

President Donald Trump says he will put a 50% tariff on copper imports before noting the value of the versatile metal.