What to Know About Copper Tarrifs

What should investors know about the recently announced copper tariffs? The first thing the announcement did is that it provided much needed clarity to the copper markets. But as we've learned throughout much of this year, things can change very quickly. The main takeaway is that the input materials, so think of things like ore and cathodes, are not subject to the tariffs.

That's very significant because most of the international trade in copper will be exempt. There is, however, a 50% tariff on semi-finished copper products, so things like copper pipes and wiring. With the announcement behind us, we're hoping that the markets can move to more of the fundamentals and get away from some of the recent noise that we've had.

With that being said, as we've seen, news flow is changing quickly, and it's something that we continue to monitor.