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14 August 2026

CNBC: This copper bet has became a real-time gauge of Trump’s next trade war salvo

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Source reporting: The Loadstar

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CNBC: This copper bet has became a real-time gauge of Trump’s next trade war salvo

CNBC writes: One specialist arbitrage trade on a metal commodity is evolving into a real-time gauge of U. S. tariff risk. Copper — seen as a broader economic barometer, with the industrial metal a key component in construction, electronics and transportation — has been on a tear for more than a year, with futures reaching a record high of almost $6. 90 per pound last week.

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