Trump announces 50% tariff on copper effective August 1
UNITED STATES, JUL 10 – The tariff aims to protect national security and address the trade deficit as the U.S. imports nearly half of its copper, vital for defense and technology, officials said.
- President Donald Trump announced a 50 percent tariff on copper imports effective August 1, 2025, targeting U.S. trading partners.
- This tariff follows a Section 232 investigation initiated in February citing national security concerns over U.S. dependence on foreign copper.
- The tariff aims to boost domestic production for industries including defense, electronics, and automobiles while continuing previous steel and aluminum tariffs.
- Following the announcement, copper prices surged to record highs and Trump stated, "These tariffs are not a threat—they're a certainty," emphasizing enforcement.
- Countries are negotiating exemptions ahead of the August 1 deadline, after which full tariff enforcement will apply, potentially reshaping global copper trade.
228 Articles
228 Articles
Donald Trump announced on Wednesday that the United States will impose a 50 percent tariff on imported copper – a metal that plays a crucial role in everything from green energy to defense – starting August 1.
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