Goldman Sachs Sees Copper Imports Frontrunning Tariffs As FCX Positions To Benefit (UPDATED)
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Goldman Sachs anticipates an increase in copper imports ahead of potential tariffs, with Freeport-McMoRan (FCX) positioned to benefit from this trend.
March 13, 2025 | 5:00 pm
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Freeport-McMoRan (FCX) is expected to benefit from increased copper imports as companies front-run potential tariffs, according to Goldman Sachs.
Goldman Sachs' prediction of increased copper imports due to potential tariffs suggests higher demand for copper, benefiting FCX as a major copper producer.
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