Copper Skyrockets to New Highs: ETFs to Ride the Tariff Talks
Copper futures skyrocketed as much as 17% on Tuesday to an all-time high after U.S. President Donald Trump threatened to impose a 50% tariff on imports of the commodity, sparking fears of a big supply chain disruption. The surge marked the biggest intraday increase for the commodity since 1989.
The smooth trading in copper has pushed the ETFs linked to this commodity higher.
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