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HinduBusinessLine

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US 50% tariff on copper imports may not achieve its desired results, say analysts

  • Analysts believe a US 50% tariff on copper imports may not yield desired results.
  • Stagnating US production has led to increased dependence on imported copper, affecting the industry.
  • Experts suggest tariffs may not boost domestic production or benefit the economy as expected.
  • Implications of the tariffs on LME copper prices and US market are analyzed.
  • The feasibility and impact of the proposed tariffs warrant further evaluation.

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