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Traders rushed to stockpile copper before Trump's tariffs. Now they're stuck with a lot of it
markets.businessinsider.com/news/commodities/copper-prices-crash-traders-import-stockpiles-tariff-exemption-metal-2025-7
Copper traders were caught flat-footed after refined copper was exempted from Trump's new tariffs.
- The exemption triggered a 20% drop in copper futures on the COMEX exchange.
- Traders now face excess inventory, with COMEX stockpiles at a 21-year high.
Copper traders were caught off…
This story appeared on markets.businessinsider.com, 2025-08-01 05:57:26.662000.