Gower: Copper Likely to Remain Well Supported
Original Report
Copper rose for a second day as uncertainty around US tariff policy and its impact on broader markets drove a decline in the dollar. Meanwhile gold & silver also traded higher over tariff...
Copper rose for a second day as uncertainty around US tariff policy and its impact on broader markets drove a decline in the dollar. Meanwhile gold & silver also traded higher over tariff uncertainty. The US Supreme Court ruled against President Donald Trump's use of emergency powers to set reciprocal trade duties, prompting the administration to roll out an alternative 15% global levy. Amy Gower, Metals & Mining Commodities Strategist at Morgan Stanley spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche. (Source: Bloomberg)
Glass House Analysis
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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