U.S.-China Trade War: Copper Rereouting as Firms Seek Cost-Effective Routes

The U.S.-China trade war is causing disruption to the flow of copper scrap, leading companies to explore new shipping routes to avoid tariffs and secure cash flow. Companies are rerouting shipments of copper bound for China through Canada, Mexico, and Vietnam to sidestep a 10% import duty, according to industry sources. This redirection illustrates the lengths firms are going to keep their goods moving as tensions between Washington and Beijing continue to impact established trade routes.