Trump Imposes 50% Tariff on Copper Imports, White House Says
UNITED STATES, JUL 30 – The 50% tariff targets semi-finished copper imports to reduce U.S. reliance on foreign sources and support domestic production, following a national security investigation under Section 232.
- U.S. President Donald Trump signed a proclamation on Wednesday imposing a 50% tariff on semi-finished copper and copper-intensive products effective August 1 in the United States.
- The tariff was implemented following a national security review initiated earlier this year under Section 232 of U.S. trade law, which determined that copper imports posed a risk to the domestic industry.
- The order also mandates that 25% of high-quality copper scrap produced in the U.S. be sold domestically, while excluding raw copper materials like ores and cathodes from tariffs.
- Copper is the third-most-consumed metal in the U.S., which imports nearly half its copper primarily from Chile, and experts warn the tariffs could raise costs for products using versatile metals, including electronics and construction materials.
- The tariffs aim to bolster the domestic copper industry and address trade imbalances, but analysts note they could dampen U.S. economic growth and increase prices broadly.
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Eby says B.C. insulated from Trump copper tariff, cites need for trade diversity
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