Imports of certain copper products into the US face a 50% tariff from Aug. 1 as President Donald Trump seeks to revive the domestic supply chain and make the country less reliant on foreign sources of this critical material.

U.S. copper prices plunged after President Trump unveiled 50% tariffs on copper products, but not on the raw material itself. Copper prices surged to records this month after Trump said he would impos

While deGraaf said he thinks copper is now technically “oversold” but still within its broader trend, the market needs some time to stabilize. He said he expects volatility to