According to @KobeissiLetter, London copper prices hit a record $11,620 per ton on Friday, up over 30% year-to-date, driven by aggressive US stockpiling ahead of potential import tariffs next year. According to @KobeissiLetter, inventories on global exchanges have surged to 656,000 tons, the highest since 2018, with roughly 60% now held in US COMEX warehouses. According to @KobeissiLetter, the copper market is expected to shift into a structural deficit next year, suggesting continued upside pressure on prices.

According to @KobeissiLetter, President Trump has declared an upcoming 'Liberation Day' on Wednesday, introducing 20%+ tariffs on imports from over 25 countries. These tariffs are expected to affect over $1.5 trillion worth of imports by the end of April, potentially causing significant disruptions in global trade and affecting market dynamics. Traders should prepare for volatility in sectors reliant on these imports.

According to @KobeissiLetter, the US has announced new tariffs exceeding 20% on imports from over 25 countries, affecting over $1.5 trillion worth of goods by the end of April. This move, referred to as 'Liberation Day' by President Trump, could lead to significant shifts in global trade dynamics. Traders should monitor these developments closely as they may influence not only traditional markets but also the cryptocurrency market, as changes in trade policies can impact global economic stability and investor sentiment.

According to The Kobeissi Letter, President Trump's introduction of 20%+ tariffs on up to 25+ countries will significantly impact global trade. These measures, termed as 'reciprocal tariffs,' are set to affect over $1.5 trillion worth of imports by the end of April. Traders should anticipate potential market volatility as affected countries may respond with their own trade measures. The implementation of these tariffs could lead to shifts in supply chains and pricing strategies across multiple sectors.