copper

The price of copper usually tells us a lot about the future of global economic growth. But recent developments could make it less accurate as an economic indicator.

Copper’s usefulness makes it a key barometer for optimism about future economic growth. Well, the price, and that optimism, are falling.

Dealers aren’t sure they’ll be able to get it into the country ahead of the threatened Aug. 1 deadline.

President Trump has called for a 50% tariff on imported copper.

Copper prices rose rapidly a few weeks ago, ahead of further tariff announcements. But the metal ended up on a short list of goods exempted from import taxes.

Even though many commodities, like oil, were exempt from tariffs, the broader economic effects are likely to take a toll if they continue.

Copper prices have surged to their highest level in nearly 10 months. What does this tell us about the overall economy?

Plus, Apple announces AI-generated emojis and we do the numbers on copper and the EV market.

And the price of the metal is only likely to increase.

Until the price rises so much it causes inflation, anyway.