Trump's Tariff Countdown, Copper Prices Under Pressure with Low-Level Fluctuations [SMM Morning Comment on Copper]

【Countdown to Trump's Tariffs, Copper Prices Under Pressure and Fluctuating at Low Levels】Macro side, Trump is expected to announce reciprocal tariffs at 3:00 AM Beijing time on April 3. Recent news includes: The Washington Post reports that White House aides have drafted a proposal to impose tariffs of about 20% on at least most goods imported into the U.S.; The White House states that the tariffs announced on Wednesday will take effect immediately; The Wall Street Journal reports that the Office of the U.S. Trade Representative is preparing a new tariff option for Trump, which would impose comprehensive tariffs on a group of countries, with rates potentially not as high as the 20% universal tariff; CNBC reports that Treasury Secretary Besant stated that the tariffs announced on Wednesday will be the upper limit, and countries can take measures to seek tariff reductions thereafter...