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Benzinga
Benzinga
Business
Chandrima Sanyal

The $5 Billion Copper Trap: How One ETF Got Burned By Trump's Surprise Tariff Move

Shanghai,,China,-,March,19,,2019:,Bales,Of,Copper,Wires

Just when the copper code had been cracked by traders (or so they thought), President Donald Trump‘s tariff surprise slammed copper prices, and in turn copper ETFs, into a loss spiral, resulting in a path of losses, confusion, and a storage facility full of losing wagers.

The Shock Tariff Move

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