Trump Says 50% Levy on Copper Imports to Take Effect Aug. 1
UNITED STATES, JUL 10 – The tariff aims to protect US industries amid rising copper demand for green technologies, with global consumption expected to grow 25% by 2035, the International Energy Agency said.
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10 Articles
Copper prices in the U.S. have skyrocketed since January, when President Donald Trump threatened to impose a tariff on imports of this metal, vital for power grids, plumbing and industrial machinery. Now, the copper tariff will come sooner and will be higher than almost anyone expected. Trump announced on July 9 that copper imports entering the U.S. will face a 50% tariff as of August 1, and said on his Truth Social platform that “the U.S. will …
Quote-unquote: Talking about tariffs (what else?)
What Trump (and others) are saying. Trump tariff talk: Numerous promised actions, and the week isn’t over yet. Some examples: Copper, 50 percent, Aug.1: “I am announcing a 50% TARIFF on Copper, effective August 1, 2025, after receiving a robust NATIONAL SECURITY ASSESSMENT. Copper is necessary for Semiconductors, Aircraft, Ships, Ammunition, Data Centers, Lithium-ion Batteries, Radar Systems, Missile Defense Systems, and even, Hypersonic W…
Trump Says 50% Levy on Copper to Take Effect Aug. 1
President Donald Trump said the US would begin levying a 50% tariff on copper imports from Aug. 1, confirming a move that will hurt American producers of everything from automobiles to appliances. The higher-than-expected levy was signaled by Trump in comments to reporters on Tuesday, but the president took to Truth Social late Wednesday to confirm the start date — and blamed previous administrations for the decline of America’s copper clout. “T…
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- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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