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[Prysmian Shares Rise Following Trump's Copper Tariffs Due To U.S. Operations] Prysmian Shares Rose Following U.S. President Donald Trump's Announcement Of New Tariffs, Including A 50% Levy On Imported Copper. The Italian Cable Maker, The World's Largest And A Leader In The U.S. Market, Is Positioned To Benefit As It Sources Copper Locally And Operates Its Own Copper Rod Mill In Texas. This Vertical Integration, Bolstered By Its $4.2 Billion Acquisition Of Encore Wire Last Year, Allows Prysmian To Potentially Pass On Higher Costs And Maintain Competitive Pricing.
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