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Trump's 50% tariff on copper imports is set to start Friday. Here's what could happen
The U.S. is expected to implement a 50% tariff on copper imports at the end of the week, but what happens next is anyone's guess as talk of an exemption for Chile, the biggest U.S. supplier of the metal, and a potential U.S. and European "metal alliance" heats up. "There remains uncertainty over country-based exemptions and a general sense of tariff fatigue," wrote Natalie Scott-Gray, senior metals demand analyst at StoneX, in a note Tuesday. The European Union, meanwhile, looks to get a break when it comes to U.S. tariffs on steel, aluminum and copper. 'There remains uncertainty over country-based ... (full story)
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From bbc.com | Jul 29, 2025
A leading North American mining entrepreneur, who wants to open his own US copper mine, has welcomed plans for a 50% tax on copper imports. Robert Friedland, the billionaire founder of Vancouver-based Ivanhoe Mines and Ivanhoe Electric, told the BBC the tariffs would help re-establish the US copper mining industry. US President Donald Trump has already ...
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