WASHINGTON—The White House announced on July 30 that the United States would impose 50 percent tariffs on imports of semi-finished copper products and intensive copper derivatives effective on Aug. 1. The move exempts refined metals from the new tariffs.
U.S. copper prices fell sharply after President Donald Trump exempted refined materials from the new tariffs.
The new tariffs target semi-finished products such as copper pipes, wires, rods, sheets, and tubes, and copper-intensive derivative products such as pipe fittings, cables, connectors, and electrical components, according to the White House.
In February, Trump signed an executive order directing the Department of Commerce to address threats to national security and economic stability from copper imports….
Trump Applies 50 Percent Tariffs on Copper, Imports From Brazil
