Trump says 50% copper tariff to take effect Aug. 1
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Shockwaves from Washington's decision to impose a 50 per cent tariff on copper imports are still rippling across the Pacific, and China, the world's largest consumer of the metal, is feeling the effects.
U.S. President Donald Trump on Tuesday said he planned to announce a 50% tariff on copper imports later in the day, surprising a global industry whose output is critical to electric vehicles, military hardware,
U.S. President’s drive to boost domestic production of the metal would take years to achieve, even on a small scale
President Donald Trump said on Tuesday his administration would soon be imposing a new 50% tariff on copper, though he left the exact details unclear. Commerce Secretary Howard Lutnick told CNBC that the tariffs would likely take effect later this month or early August.
In its Global Trade Update (May 2025), the UN Conference on Trade and Development (UNCTAD) cautioned that a lack of copper could impede the world
Glencore has agreed to sell its struggling copper refinery in the Philippines to the family of the country’s richest man, as the smelting industry suffers from weak processing fees.
This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries. Another factor that can influence investors is FOMO, or the fear of missing out,