Trump says a new 50% tariff on copper imports is coming
Last edited Tue Jul 8, 2025, 02:34 PM - Edit history (1)
Source: CNN Business
Updated 2:09 PM EDT, Tue July 8, 2025
CNN — President Donald Trump said Tuesday he’s imposing a new 50% tariff on all copper. However, it’s unclear when the new tariff would take effect.
“Today we’re doing copper,” he said at a Cabinet meeting, adding that he believed the rate will be 50%.
This would mark the fourth across-the-board tariff Trump has imposed during his second term. Currently, imported cars and car parts face a 25% tariff while imported steel and aluminum face 50% tariffs.
Trump ordered a Section 232 investigation into copper imports in February.
Read more: https://www.cnn.com/2025/07/08/business/trump-copper-tariff
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