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Macro Finance

Copper Moves Lower as US Election Undermines AI and Tariff Trade

Bloomberg Markets·November 6, 2026·1 min read

Copper slumped to its lowest since July as a political shakeup in Washington threatened to blunt two key bullish drivers: the rapid buildout of AI infrastructure and the risk of US import tariffs on the metal. The election outcome undermined both trades that had supported prices.

Read at Bloomberg Markets
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