White House Tariff Delay Casts Uncertainty Over Copper Market
The White House has delayed its decision on tariffs for refined copper imports from major global suppliers, reducing immediate cost or supply risks for US buyers.
This pause in tariff decisions eases concerns about rising import costs and potential supply disruptions in the US copper market, tempering speculative demand amid regulatory ambiguity.
Technically, Copper (HG) is trading below its short- and medium-term moving averages, with mostly bearish momentum indicators suggesting further downside within a $6.1752 to $6.6568 range.