Resolves YES if the assessed impact of Trump's tariff policies on copper supply chain efficiency is reported below 50 on a scale of 1-100 by March 2026. The assessment should be based on a comprehensive analysis from a recognized industry report or authoritative source such as the International Copper Study Group (ICSG) or a major financial institution's commodities analysis. The current context involves significant uncertainty introduced by Trump's tariff policies, which could disrupt copper supply chains, affecting both supply and pricing. This threshold matters as it reflects a substantial disruption in the supply chain efficiency, considering the critical role of copper in the global economy and its increasing demand due to electrification and green transition initiatives.
Source: Article
1,000USA copper use, where it came from:
(generated, and totals over 100%, but should be good enough to get a feel for it)
USA – (40 to 55)%
Chile – 35%
Canada – 23%
Mexico – 5%
Peru – 5%
Germany – 5%
Also small amounts from South Korea, China, DRC, India and others.