Australian investors have been taking advantage of copper prices, and Trump’s 50% tariff on goods reached record levels this week, reintroduced Global X ETF‘Copper Miner ETF (Wire) – Australia’s only listed ETF, designed to be exposed to copper miners.

Donald Trump announced that copper tariffs will take effect on August 1, 2025. This surprised the financial markets, which expressed tariff rates on copper, which would continue to apply with steel and aluminum, at 25%.

Copper futures on COMEX soared 17% in the news, at $5.90. “The latest last-minute wave of importance is expected to trigger widespread gatherings in global copper prices as the already tight supply landscape faces new pressure.” Global X ETF Investment strategist Justin Lin.

“We have seen a massive inflow in the past three months since Liberation Day, and investors dare to bet that copper demand will be an economic risk associated with tariffs with increased flexibility.

“The second quarter inflow was the strongest flow since the third quarter of 2024, the highest level in the U.S. election, totaling $23.7 million, compared to just $3.2 million in Cruise and 2025, while in the fourth quarter of 2024, the spill was $2.7 million.

Lin said: “The best way for local investors to get into copper mines is through ETFs. The largest copper miners are listed on offshore exchanges, so there are few local opportunities for AEs to invest in copper miners.”

Global XThe Copper Miner ETF (Wire) provides investors with opportunities to enter global copper mines that will benefit from key parts of the value chain, thereby facilitating growth in major innovation areas such as technology, infrastructure and clean energy.

“Because domestic buyers are now incentivized, our copper premiums may be greater even within the premium range.

Lin added: “The United States produced about 850,000 tons of copper in 2024 and consumed 1.6 million tons. This means that in the next few years, about 50% of U.S. copper demand must be important to me, or future prices affected by tariffs.”