U.S. copper futures crashed over 19% within minutes around 2:00 p.m. ET, marking the largest intraday drop on record, after the White House announced a 50% tariff on all semi-finished copper imports starting August 1. Largest daily decline on record! Traders were stunned when copper cathodes, the most widely imported and traded form of refined copper, were ...

On June 30, 2025, the Secretary of Commerce (Secretary) transmitted to me a report on his investigation into the effects of imports of copper in all forms (copper), including copper ores, copper concentrates, refined copper, copper alloys, scrap copper, and derivative products, on the national security of the United States under section 232 of the Trade ...

The White House announced on Wednesday that President Donald Trump officially imposed a new 40% tariff on Brazil on top of the 10% already in force. "Today, President Donald J. Trump signed an Executive Order implementing an additional 40% tariff on Brazil, bringing the total tariff amount to 50%, to deal with recent policies, practices, and actions by the Government of Brazil that constitute an unusual and extraordinary threat to the national security, foreign policy, and economy of the United States," the statement read. Trump first announced he would hit the South American nation with the added figure on July 9, citing the prosecution of former President Jair Bolsonaro as the motive. US Says New Tariff On Brazil Imports Takes Effect In 7 Days