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Trump says 50% tariff on copper will begin Aug. 1

1. President Trump announced a 50% tariff on copper imports effective August 1. 2. The tariff aims to affect the copper market significantly. 3. This decision could impact CPER price significantly due to higher costs. 4. Copper tariffs may lead to decreased supply and increased prices. 5. Market reaction is anticipated as August 1 approaches.

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FAQ

Why Very Bullish?

Historically, tariffs on metals have led to price increases. With tariffs, copper prices may surge, positively affecting CPER.

How important is it?

The tariff directly impacts copper prices, which can substantially influence CPER's valuation.

Why Short Term?

The tariff takes effect imminently, suggesting immediate price adjustments in CPER.

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