Copper-Laden Ships Race to Reach US Ahead of Trump’s 50% Tariffs

Copper-Laden Ships Race to Reach US Ahead of Trump's 50% Tariffs

(Bloomberg) — At least four ships carrying copper are trying to reach US ports before August to get ahead of planned import tariffs on the metal.

Copper-Laden Ships Race to Reach US Ahead of Trump’s 50% Tariffs

At least four ships carrying copper are trying to reach US ports before August to get ahead of planned import tariffs on the metal.

President Trump Announced a 50% Tariff on Copper Imports

President Trump has announced a 50% tariff on copper imports starting August 1 to usher in copper mining in the United States, as the country has ample copper reserves, but U.S. smelting and refining capacity lags behind global competitors. This announcement follows through on an earlier statement that he would target a key metal used for semiconductors, lithium-ion batteries, renewable energy technology, and other products. In February, Trump i…

Copper Imports Slapped with 50% Tariff

Copper Imports Slapped with 50% Tariff By Peter Zeihan I know it feels like we’re all trapped in a Sisyphean nightmare with all the discussions of tariffs, but don’t shoot the messenger. Trump’s latest move is a 50% tariff on copper imports is going to do a lot of harm. More here > Source

Discover the Top 5 Copper Stocks on the TSX in 2025

Copper prices have seen considerable gains in 2025, reaching a record high on the COMEX of US$5.68 per pound on July 8. Rising prices and supportive policy have elevated many copper stocks.The price of copper has experienced volatility since the start of the year, as shifting US trade policy has created competing scenarios amid recession and the imposition of tariffs.On July 8, the price spiked to fresh all-time highs after US President Donald T…