April 26, 2025
“Copper Prices Surge Amid Tariff Relief for Traders”
Copper Prices Rise as Trump Delays Tariffs on Electronics Copper prices increased on Monday following U.S. President Donald Trump’s decision to grant exemptions from tariffs on certain products, enhancing market sentiment. On Friday, Trump halted import levies on a range of consumer electronics, including smartphones and memory chips. However, by Sunday, he indicated plans to impose different, targeted tariffs on popular electronics like phones and computers. In morning trading on the COMEX, copper for May delivery rose to $4.623 per pound ($10,171 per tonne). The London Metal Exchange reflected this trend, with the red metal trading 0.5% higher at $9,195