New York CNN —
Gold isn’t the only metal smashing through record high prices.
Copper prices in New York hit a record high on Wednesday after Bloomberg reported that President Donald Trump might impose tariffs on copper imports in the coming weeks. Wall Street had expected tariffs on copper to come later this year.
The most actively traded copper futures contract in New York hit $5.374 per pound Wednesday morning before settling at a record $5.24 per pound.
Copper prices have soared 30% this year, largely driven by US buyers trying to stockpile
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