Trump says US to impose 50% tariff on copper imports, copper futures jump
- Posted on July 8, 2025
- By Bing News
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Trump says US to impose 50% tariff on copper imports, copper futures jump
By Andrea Shalal, Jarrett Renshaw and Ernest Scheyder WASHINGTON (Reuters) -President Donald Trump said he will announce a 50% tariff on copper on Tuesday, hoping to boost U.S. production of a metal critical to electric vehicles, military hardware, the power grid and many consumer goods. U.S. Comex copper futures jumped more than 12% to a record high after Trump announced the planned tariffs,