US President Donald Trump has announced the imposition of a 50% tariff on copper imports starting August 1, aiming to revive domestic production.
The move is the latest in a series of targeted tariffs levied on key sectors, including steel and aluminum. It forms part of Trump’s broader global tariff campaign, which seeks to curb trade deficits, enhance national security, and promote American manufacturing through reciprocal trade measures.
”Copper is necessary for semiconductors, aircraft, ships, ammunition, data centers, lithium-ion batteries, radar systems, missile defense systems, and even hypersonic weapons, of which we are building many. Copper is the second most used material by the Department of Defense!” the president wrote on social media on Wednesday.
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