The US administration has announced a 50% tariff on all imported copper, sending shockwaves through the global market. Copper prices, a key metal for modern industry, have already surged 38% this year, and after the tariff announcement, jumped an additional 15%! This is bad news not only for electronics and construction industries but especially for the automotive sector, where copper is essential. Electric vehicles contain between 30 and 40 kilograms of copper, while gasoline and diesel cars have about 10 kilograms. This means the copper price hike will directly increase the cost of all cars, no matter where they are made. With the growing demand for electric vehicles and the infrastructure needed to charge them, car prices are expected to keep climbing. Are you ready to pay more for your next car? Or is it time to ask how much this trade policy will really cost us? Share your thoughts — maybe you have the solution to this copper chaos!
