Trump stated he is considering a 50% tariff on copper, causing the copper price to spike 17% and creating the largest single-day move in the copper price since at least 1968 when records began.
factualpending
Speaker
Matt GuygerEvidence Quote
“the move we saw on copper yesterday, 20% move at its peak. I think it ended up closer to 10% on the day, but that is the largest single day move in the copper price going back all the way to at least 1968”
Source
Grant Williams and Matt Geiger: Investing During Crises and Navigating a Spirited Metals Market— CLEAR COMMODITY NETWORKCreated: 8/11/2026, 7:24:12 AM
My Notes
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