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,

Copper futures are trading near $5.50 per pound on Friday, slipping from Tuesday’s high of $5.70 on the daily timeframe. Despite the modest decline, prices remain 10% higher than Monday’s close, underscoring persistent concerns over supply disruptions tied to incoming United States (US) trade tariffs.

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.

Plans involve including semi-finished products such as wires, sheets, tubes and plates. Read more at straitstimes.com. Read more at straitstimes.com.

In a stunning escalation of trade policy, the price of Copper surged to a record high of $5.89 per pound on Tuesday – marking its most dramatic one-day rally since 1989.

President Trump's imposition of a 50% tariff on copper imports, effective August 1, 2025, addresses national security concerns tied to America's reliance on foreign copper. This move aims to bolster domestic mining and refining,

U.S. President’s drive to boost domestic production of the metal would take years to achieve, even on a small scale