Copper futures fall over 2% amid sudden US trade policy shifts despite weekly gains
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 11 2025
0mins
Source: SeekingAlpha
Copper Futures Decline: Copper futures fell by 2.5% to $5.46 per pound, despite a potential weekly gain of around 10%, as analysts express skepticism about the economic impact of President Trump's proposed 50% tariff on imported copper.
Impact on U.S. Manufacturing: Experts warn that such a high tariff could increase domestic prices and harm U.S. manufacturing competitiveness, particularly in the automobile and electronics sectors, while suggesting that the tariff threat is more of a negotiating tactic than a serious proposal.
Analyst Views on COM
Wall Street analysts forecast COM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 31.041
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Current: 31.041
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
