The US copper tariff plan will be finalized by the end of June, and the global AI computing power metal market is approaching volatility

The US government's tariff plan on copper will be finalized by the end of June, and the US Department of Commerce needs to submit a 232 tariff investigation report and make a decision before June 30th. Goldman Sachs analyzed that if the United States implements a new round of tariffs on copper, US buyers may start large-scale stockpiling. The current COMEX copper inventory in the United States has exceeded 650000 tons, setting a historical high. In the international market, the tight supply of small metals such as tungsten, tin, tantalum, indium, which are deeply bound to the AI computing power industry chain, may intensify. (Golden Ten)