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RE: LeoThread 2025-11-11 16-48

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Part 6/9:

However, the benefits for upstream producers could come at a cost downstream. Higher copper prices tend to strain industries that use copper extensively, such as manufacturing and electronics. Historical precedent from trade tensions in steel and aluminum between 2018 and 2021 shows that increased tariffs can eventually lead to reduced downstream activity, harming overall economic output despite initial gains for producers.

Potential Downstream Impact and Economic Considerations