Gregory C. Shearer (44-20) 7134-8161 gregory.c.shearer@jpmorgan.com J.P. Morgan Securities plc Ali A. Ibrahim (44-20) 3493-6438 ali.ibrahim@jpmorgan.com J.P. Morgan Securities plc Ananyashree Gupta (91-22) 6157 3627 ananyashree.gupta@jpmchase.com J.P. Morgan India Private Limited See page 13 for analyst certification and important disclosures. J P M O R G A N Global Commodities Research 18 July 2025 Metals Weekly The Known Unknowns of US Copper Tariffs Global Commodities Research {[{xTcfaSlj-ZSQMv-ljRpIM7mZ ...