Among tariff turbulence, pauses and U-turns, steel and aluminum tariffs have remained at 25% on U.S. imports since March 12. President Trump has also ordered the U.S. Department of Commerce to investigate copper imports, which could lead to the imposition of a further tariff. J.P. Morgan Research estimates that around 40% of refined copper demand and […]
Gold prices climbed to fresh record highs early in the year, surpassing the previous all-time high set in October, following President Trump’s focus on tariffs and rising trade tensions between U.S. and China. The precious metal surpassed multiple record peaks in in 2024 and broke through the $2,900/oz for the first time in February, […]