According to sources familiar with the matter, the US could implement tariffs on copper imports within several weeks, much earlier than the previously set deadline. This news has caused copper prices in New York to rise to a record high.
In February, US President Donald Trump instructed the Commerce Department to investigate possible copper tariffs and submit a report within 270 days. However, it is now anticipated that this issue will be resolved sooner. The sources requested anonymity due to the confidential nature of these discussions.
— news from Bloomberg