Copper arbitrage disappears after Trump’s tariff surprise – United States Copper Index Fund ETV (Arca: CPER), Global x Copper Miners ETF (Arca: Copx)

Copper prices fell nearly 20% on Wednesday President Donald Trump Surprised markets by excluding a sophisticated buyer from a radical import rate of 50%, abrupt termination of a month -long rally fed by fear of broad commercial restrictions. The White House confirmed The new rates, with effect from 1 August, only apply to semi-finished copper […]