Trump's 50% Copper Tariff Is Already Backfiring
by PostDiscus
July 05, 2026
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Trump's 50% copper tariff was supposed to protect America — instead it triggered a historic $1.4 billion market crash. Here's the real story behind the headlines. In July 2025, copper prices spiked to record highs as traders rushed to beat Trump's tariff deadline, stockpiling 600,000 tonnes of cathode. Then refined copper got excluded from the tariff, and COMEX futures crashed 22% in minutes, the biggest single-day drop ever recorded. This video breaks down how America's own copper tariff policy backfired, who profited, who lost billions overnight, and why the US still isn't ready to replace decades of copper imports. Real consequences for housing costs, defense contractors, EV production, and America's booming AI data center buildout. Subscribe to Fiscal Flow for more deep dives into tariffs, trade policy, and global markets that move your money.
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Source: Fiscal Flow
Trump's 50% Copper Tariff Is Already Backfiring
Reviewed by PostDiscus
on
July 05, 2026
Rating: 5
Reviewed by PostDiscus
on
July 05, 2026
Rating: 5
