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Live Updates  >  Live Update Details

2025-07-30 13:39:27

[Discussions on a possible US-EU "metals alliance" heat up] The United States is expected to impose a 50% tariff on copper imports this weekend, but as discussions about Chile, the largest supplier of copper to the United States, being exempted and a possible US-EU "metals alliance" heat up, it is difficult to say what will happen next. Natalie Scott-Gray, senior metals demand analyst at StoneX: "There is still uncertainty around exemptions for specific countries, and there is a general sense of tariff fatigue." At the same time, when it comes to US tariffs on steel, aluminum and copper, the European Union seems likely to be exempted.

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