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Ready for Trump Copper Tariff?

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Tariffs are a means to an end or rebalancing. We will see substantial savings in many areas. We will see more metals production come back to the US.. we will see many many jobs come back or be created due tariffs.. see 20,000 job announcement by Apple this week. And the main gain is we will be producing more in the US that are critical to national defense. One item is drones, China produces something like 80% of all drones… drone are totally in the war fighting world. Copper prices will stabilize, we need to put this thread six months from now.
 

Copper futures surged nearly 4%, approaching $4.70 per pound on Wednesday, hitting their highest levels in nearly two weeks after US President Donald Trump ordered an investigation into potential tariffs on copper imports aimed at revitalizing US production of the metal. The move is viewed as part of Trump’s strategy to counter China’s ambitions to dominate the global copper market, with the metal being essential for manufacturing electric vehicles, military equipment, and various consumer goods. The US imports roughly 45% of its copper needs. Analysts also anticipate further upside pressure for copper prices, driven by robust demand for electrification, while supply growth will likely be constrained by years of underinvestment in mining capacity. Meanwhile, copper supply in China remains abundant, with stocks rising to over 260,000 tonnes, three times the level at the start of the year, while bonded stocks have doubled to 33,000 tonnes.​

 
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The bill Trump will sign if it passes the Senate not taxing my social security will easily cover the price increase of copper. There were no votes for this bill from one party.

Let's look at the big picture in 4 years and see where we are for all the changes coming.

Don't expect instant gratification. Pain will be involved.

Later

Dave
 
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