U.S TARIFFS IMPACT
Copper
Trump has ordered new tariff probe into US copper imports
This is perceived as a step toward adding tariffs on Copper
Copper import probe will not be completed until later this year
GS, Citi expect US to levy 25% tariff on copper by end of 2025
IMPACT NEUTRAL
STOCKS IN FOCUS WOULD BE HIND COPPER/VEDANTA BUT EXPORTS ARE NOT SIGNIFICANT-AS WE LARGELY IMPORT
Copper
Trump has ordered new tariff probe into US copper imports
This is perceived as a step toward adding tariffs on Copper
Copper import probe will not be completed until later this year
GS, Citi expect US to levy 25% tariff on copper by end of 2025
IMPACT NEUTRAL
STOCKS IN FOCUS WOULD BE HIND COPPER/VEDANTA BUT EXPORTS ARE NOT SIGNIFICANT-AS WE LARGELY IMPORT
