Copper prices on the London Metal Exchange surpassed $10,000 per ton on Thursday, driven by concerns over President Trump's potential tariff expansion on the crucial industrial metal used in everything from electric vehicles to power grids. Traders are rushing to deliver copper into the US before potential tariffs later this year. On Feb. 25, President Trump signed an executive order directing the US Department of Commerce to investigate the potential national security risks of copper imports, which could lead to tariffs on all copper imports—including…
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