US President Donald Trump has ordered an investigation of copper imports in what is a first step toward potential tariffs on the metal. Administration officials said the White House wanted to find ways to boost US production of copper,
Trump, copper and tariffs
President Trump ordered Commerce to study whether tariffs are needed to reduce the U.S. reliance upon imported copper, needed for military equipment, data centers and electric vehicles.
Tariffs, if they are imposed, could boost U.S. production of a valuable resource but also raise costs for automakers, construction companies and others.
President Donald Trump took to his Truth Social platform on Tuesday to propose tariffs on yet another critical raw material needed in U.S. industry."Like our Steel and Aluminum Industries, our Great American Copper Industry has been decimated by global actors attacking our domestic production,
President Trump on Tuesday signed an executive order opening an investigation into whether foreign production and imports of copper threatens America’s economic and national security.
President Trump on Tuesday directed his Commerce secretary to investigate the need for possible tariffs on copper, the latest industry to potentially be targeted by Trump’s sweeping trade agenda. “Like our steel and aluminum industries,
President Trump ordered the U.S. government to explore potential new tariffs on copper imports, his latest move to tax a wide selection of imports and reshape global trade.
U.S. President Donald Trump on Tuesday ordered a probe into possible tariffs on copper imports to rebuild U.S. production of a metal critical to electric vehicles, military hardware, semiconductors and a wide range of consumer goods.
His company, Portland Mint, sells old pennies in bulk — 40,000 pounds (18,100 kilograms) at a time — to investors angling to profit on the copper that makes up 95% of the coins minted before 1983. A cache of one-cent pieces from Portland Mint with a face value of roughly $60,
Most copper mined in the U.S. comes from Arizona - but President Donald Trump’s surprise announcement that he will halt production of pennies won’t make a dent in the state’s mining industry, as nearly all of the metal used has been zinc since 1982.
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