Freeport-McMoRan shares rise on Trump’s 50% copper tariffs: why is it a ‘top pick’

Shares of US-based copper giant Freeport-McMoRan climbed 3.75% to $47.30 in premarket trading on Wednesday, as investors reacted to a new 50% tariff on imported copper announced by former President Donald Trump. The tariff, set to take effect from August 1, is part of a broader push to reshore strategic metals production to the United […]