Copper tariffs

Don't read too much into one data point.
It's more than one data point. I've checked the price at least once a week for three months and a day now. This is the first price change and it was a decrease. The MSM constantly says tariffs most always increase the price.
 
The MSM constantly says tariffs most always increase the price.
All else being equal, and taken in isolation, this is true. However, you're dealing with an entire global economy, and said economy doesn't seem very healthy right now. Sure, the stock markets are "soaring" to new heights, but they're being driven by a select handful of very big names to such an extent that even the financial media is starting to question the wisdom of their weighting, as under the froth is a very different story, and any tariff-induced cost increases are likely being offset/overshadowed by demand destruction.
 
It's more than one data point. I've checked the price at least once a week for three months and a day now. This is the first price change and it was a decrease. The MSM constantly says tariffs most always increase the price.
Okay don't draw conclusions from three weeks of data from one supplier, either. That's still a tiny amount of data, and since it only contains one price change really still only one data point. It's not a medium term trend in fact it's not a trend at all.

My normal suppliers have slightly increased prices recently. So that's a counterpoint to what you're seeing, and taken together our experiences still aren't remotely close to enough data to tell what prices are doing on average nationally.
 
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