US Imposes 15% Additional Tariff on Strategic Raw Material

News of additional tariffs on aluminum is creating pressure by raising costs and negatively impacting demand. The price has fallen 4.1% in the last 24 hours and is well below the SMA20 and SMA50, indicating short-term weakness. While the RSI at 56 is in neutral territory, the MACD is negative and below the signal line, suggesting downward momentum. The tariff news could reinforce the existing technical weakness and increase selling pressure. However, the decline is expected to be limited as the market may have partially priced in such news.

The US imposition of a 15% additional tariff on strategic raw materials could have a negative short-term impact on commodities such as copper. Tariffs may increase costs, suppress demand, and pull prices lower. Technical indicators show RSI at neutral levels, MACD below the signal line, and price slightly below the SMA20, pointing to weak momentum. However, being above the SMA50 and a slight uptick in the last 24 hours suggest that the downside may be limited. Therefore, a downward move is possible in the short term, but more catalysts may be needed to generate strong selling pressure.

The US's additional tariffs on strategic raw materials could increase global supply chain costs, triggering inflationary pressures. This could weaken central banks' expectations for interest rate cuts and negatively impact risk appetite. Turkish markets may also face short-term selling pressure due to rising imported input costs and global risk aversion. However, the impact may be limited depending on the scope of the tariffs and retaliatory steps by trading partners.

The US imposition of a 15% additional tariff on strategic raw materials could exert short-term negative pressure on lithium prices. This news may increase costs, adversely affect demand, and weaken market sentiment. Technical indicators show the RSI approaching overbought territory at 64.8, while the MACD remains below its signal line, raising doubts about the sustainability of the current uptrend. With the price sitting just above the SMA20, the risk of testing short-term support levels increases. Therefore, a short-term pullback driven by the news is considered moderately likely.