Copper traders in the global market are waiting with bated breath for the review report to be issued by the US Department of Commerce at the end of June. The report will be the key basis for the final judgment of Trump's tariff decision. On the eve of the boot landing, traders are closely watching the relevant signals to determine whether to close long positions on copper or to increase their bets that the US copper price will continue to rise. Morgan Stanley analysts pointed out in a report released earlier this month that the possibility of implementing a 15% refined copper tariff from January next year is 43%. Over the past month, the premium on New York copper prices over the past month has continued to expand, indicating that some investors are betting on this direction. But regardless of which side Trump's coin eventually turns, most analysts and traders are currently relatively optimistic about the long-term prospects for copper, given its irreplaceable status in artificial intelligence infrastructure.

Copper traders in the global market are waiting with bated breath for the review report to be issued by the US Department of Commerce at the end of June. The report will be the key basis for the final judgment of Trump's tariff decision. On the eve of the boot landing, traders are closely watching the relevant signals to determine whether to close long positions on copper or to increase their bets that the US copper price will continue to rise. Morgan Stanley analysts pointed out in a report released earlier this month that the possibility of implementing a 15% refined copper tariff from January next year is 43%. Over the past month, the premium on New York copper prices over the past month has continued to expand, indicating that some investors are betting on this direction. But regardless of which side Trump's coin eventually turns, most analysts and traders are currently relatively optimistic about the long-term prospects for copper, given its irreplaceable status in artificial intelligence infrastructure.