Economy Country January 28, 2025

Trump's Tariff Plans Impact Copper Prices

Copper prices continued to fall following President Donald Trump's announcement of plans to impose tariffs on the metal. This decision has raised concerns in the market and affected investors' confidence.


Trump's Tariff Plans Impact Copper Prices

Analysts predict an increase in instability in the metal market due to the decisions made by U.S. President Donald Trump to impose tariffs on these metals.

Initially, the American leader proclaimed that he intended to do this, after which a decline in prices was observed. Experts note that Trump is considering various ways to exert influence on the global market to protect U.S. interests.

"Such actions can have serious consequences for global trade in metals. There is a significant risk of substantial losses for this industry," noted one of the analysts.

Considering that metal is an important element in various sectors of the economy, including in electronics manufacturing and construction, Trump's decisions will put pressure on prices.

Representatives of the mining industry express caution, warning of potential negative consequences for the entire metal trade and the global economy as a whole.