Traders Grow Wary of Copper Bull Market With No Sign of Tariffs

Since Donald Trump came back into office, copper has surged on a seismic reshuffling of global inventories linked to the risk that he’ll impose tariffs on the metal. But as Trump nears the halfway mark on his second term, the market’s many bulls are growing wary that prices could crash if he doesn’t follow through.

Since Donald Trump came back into office, copper has surged on a seismic reshuffling of global inventories linked to the risk that he’ll impose tariffs on the metal. But as Trump nears the halfway mark on his second term, the market’s many bulls are growing wary that prices could crash if he doesn’t follow through.