Trump, copper and Tariff
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President Trump's move to impose a 50% tariff on U.S. copper imports targets a vital metal that is widely used in many products and industries. That could lead to higher prices for everything from appliances and electronics to cars and home repairs,
Metals are the latest market upended by President Donald Trump after he confirmed long-touted plans to impose a 50% import tariff on copper from August. “America will, once again, build a DOMINANT Copper Industry,
"The big money will start coming in on Aug. 1, I think that was made clear today," Trump told reporters. He then turned to Treasury Secretary Scott Bessent, who estimated that the United States could collect more than $300 billion in tariff revenue by the end of the year,