Been watching copper prices move all over the place lately. Started the year hitting record highs back in January, then things got messy with all the tariff drama. The US court shot down some of Trump's tariffs in February, which actually helped—China's levies were supposed to drop from 32% to 24%. But then he just reinstated them at 10%, bumped it to 15% days later. Classic uncertainty.



What's interesting is how copper prices are reacting to all this. China's Lunar New Year basically froze demand for weeks, which normally kills commodities. But now that factories are coming back online and there's this whole tariff situation creating speculation about future supply costs, copper prices jumped hard—up 2.8% in a single day to over $13,200 per ton on the London Metal Exchange. The weak dollar's helping too.

The real question is whether those tariffs stick. Congress has to approve extending them before the midterms, and that's not guaranteed. If copper prices keep moving on tariff fears, we could see some wild swings depending on what Washington actually does. The market's basically pricing in uncertainty right now.
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