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Copper Soars On Trump's Tariff Probe; Goldman "Reinitiates" Bullish Call On "Electrification Megatrend"

Tyler Durden's Photo
by Tyler Durden
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Copper futures on the Comex in New York surged 4% after President Donald Trump directed the US Commerce Department to investigate potential new tariffs on copper imports. The move aligns with broader efforts to revitalize domestic mining and refining of critical metals, aiming to reduce America's dependence on mineral juggernaut China. 

Trump's order directs Commerce Secretary Howard Lutnick to launch a