Copper Crashes Through Record Barrier Amid Tariff Fears

Copper prices have surged to an all-time high on the London Metal Exchange after a weeks-long rally, fueled by anticipation that President Donald Trump will expand US tariffs to imports of refined metal.

The benchmark three-month futures contract on the LME gained as much as 0.8% to trade at $14,533 a ton, beating the previous record set in January.

The move comes after weeks of speculation about potential tariff increases, which have been affecting global markets and commodity prices.