The headline has been updated for clarity. Goldman Sachs forecasts a surge in U.S. copper imports soon, driven by expectations of tariffs from President Donald Trump's administration. Per Reuters' report,

Benchmark copper (HG1:COM) on the London Metal Exchange recently traded +1.1% to $9,786.60/metric ton on Wednesday, extending its rally since President Trump ordered an investigation into U.S. copper imports,

U.S. net copper imports could rise by 50% to 100% in the coming months due to higher U.S. prices before the Trump administration's planned tariffs, Goldman Sachs said in a note on Tuesday.