US-China Trade War Kicks Off: Impact on China's Imported Copper Supply Chain in Focus

[SMM Analysis: The Initial Clash of the US-China Trade War - Will Mutual Tariff Hikes Impact China's Imported Copper?]

On February 1, 2025, the US government announced a 10% tariff hike on all Chinese exports to the US, citing issues such as fentanyl. As a reciprocal countermeasure, starting February 10, 2025, tariffs were raised on certain imported goods originating from the US. The initial clash of the US-China trade war has drawn market attention, with market participants concerned about whether the onset of the trade war will disrupt the copper supply chain.