Copper Frenzy: Unpacking the Rush to Beat Trump's Tariffs The surge in copper imports into the US is a symptom of a larger game being played out on the global commodities market.
Traders are stockpiling copper ahead of expected tariffs, but this trend is also driven by the "Taco" phenomenon.
According to IHS Markit data, July saw an influx of over 200,000 tonnes of copper into American ports, marking the highest monthly inflow in 12 years.