On the evening of the 10th, the price of Lentong and New York banks suddenly dived. According to the news, according to media reports, two people familiar with the matter said that the White House has yet to decide whether to levy tariffs on refined copper, and officials are weighing the benefits of two aspects: rising copper prices may drive up manufacturing costs, but encouraging more domestic mining can also bring benefits. Sources say the White House's copper tariff plan has come to a standstill. As the US midterm elections approach, Trump and Republican lawmakers are under pressure to prove that their economic policies are reducing costs for American consumers and businesses. The US government is paying increasing attention to the cost of living issue, causing “related parties to hesitate.” And the US copper tariffs are the key driver behind this round of copper price increases. Due to market expectations that Trump will impose tariffs on refined copper products such as cathode copper and copper concentrates, traders and industrial buyers are hoarding inventory in the US, pushing copper prices to historic highs. The report also quoted a White House official as saying that no final decision has been made on the copper tariff issue, and that the US Department of Commerce has reported the latest situation to Trump before the June 30 deadline set by the White House. The official also said, “The government is still evaluating all options to push copper and other key manufacturing industries back to the US.”

On the evening of the 10th, the price of Lentong and New York banks suddenly dived. According to the news, according to media reports, two people familiar with the matter said that the White House has yet to decide whether to levy tariffs on refined copper, and officials are weighing the benefits of two aspects: rising copper prices may drive up manufacturing costs, but encouraging more domestic mining can also bring benefits. Sources say the White House's copper tariff plan has come to a standstill. As the US midterm elections approach, Trump and Republican lawmakers are under pressure to prove that their economic policies are reducing costs for American consumers and businesses. The US government is paying increasing attention to the cost of living issue, causing “related parties to hesitate.” And the US copper tariffs are the key driver behind this round of copper price increases. Due to market expectations that Trump will impose tariffs on refined copper products such as cathode copper and copper concentrates, traders and industrial buyers are hoarding inventory in the US, pushing copper prices to historic highs. The report also quoted a White House official as saying that no final decision has been made on the copper tariff issue, and that the US Department of Commerce has reported the latest situation to Trump before the June 30 deadline set by the White House. The official also said, “The government is still evaluating all options to push copper and other key manufacturing industries back to the US.”