US EditionTrump adding copper to trade protections, Commerce secretary says
- President Donald Trump directed Commerce Secretary Howard Lutnick to investigate a 25% tariff on copper imports, labeling copper a national security priority on February 25.
- The U.S. currently imports approximately 45% of its copper consumption, making the potential tariff significant for industries relying on copper.
- Copper prices surged by 5% following Trump's announcement, reflecting market volatility and rising global inventory levels, according to sources.
- Trump's actions follow previous aluminum and steel tariffs, with the intention to strengthen America's industrial base amidst international trade pressures and economic uncertainties.
14 Articles
14 Articles
Trump to Impose Copper Tariffs to Revive Domestic Production, Lutnick Says
President Donald Trump intends to impose tariffs on copper imports, according to Commerce Secretary Howard Lutnick, who said that Trump’s trade policy plan for industrial metals—including aluminum and steel—is to build a strong domestic production capability as part of his vision for a “great, great America.” Lutnick told Fox News on March 12 that nothing will stop Trump’s expanded 25 percent tariffs on aluminum and steel, which the commerce sec…
Trump to Impose Copper Tariffs to Revive Domestic Production, Lutnick Says - The Thinking Conservative
Trump intends to impose tariffs on copper imports to build a strong domestic production capability as part of his vision for a “great, great America.” The post Trump to Impose Copper Tariffs to Revive Domestic Production, Lutnick Says appeared first on The Thinking Conservative.
US Commerce chief says nothing will stop metals tariffs, will add copper protections
U.S. Commerce Secretary Howard Lutnick said nothing would stop President Donald Trump's expanded 25% tariffs on steel and aluminum until U.S. domestic production is strengthened, and that Trump will add copper to his trade protections.
Trump Moves to Add Copper to Metal Tariff List, Prices Surge
President Donald Trump declared copper a national security priority on February 25, directing Commerce Secretary Howard Lutnick to investigate imposing a 25% tariff on all copper imports. The White House states this action addresses vulnerabilities in domestic copper supply chains and reduces dependence on foreign sources. Copper prices jumped 5% after Trump suggested the proposed […]
Trump adding copper to trade protections, Commerce secretary says
Commerce Secretary Howard Lutnick said President Trump plans to introduce steep tariffs on copper imports after he directed Cabinet officials to investigate the country’s ability to rely on its domestic supply chain for the metal instead of foreign trade partners.
U.S. Considers 25 Percent Tariff on Copper Imports
The Copper Monthly Metals Index (MMI) held sideways, although the upside bias continued to accelerate. Supported by a rise among most of its components, the index increased 2.8% from January to February. 25% Tariff Threat Boosts Comex Copper Price Comex copper prices remained decidedly bullish, jumping even higher on the suggestion that a 25% copper tariff is on the horizon. In an address to Congress, U.S. President Trump stated, “I have also im…
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