U.S. Consumers Face Higher Costs as Future Copper, Aluminum Tariffs Loom
January 28th
President Trump announced plans to impose tariffs not only on steel but also on copper and aluminum imports. Analysts warn that given the U.S.’s dependence on foreign supply—38% of copper and 82% of aluminum—the move could significantly raise downstream production costs. Copper premiums on U.S. futures markets expanded sharply, highlighting the potential trade flow shifts and cost pass-through pressures.
