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White House: Trump imposes universal 50% tariffs on imports of semi-finished copper products and copper-intensive derivative products

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Fact Sheet: President Donald J. Trump Takes Action to Address the Threat to National Security from Imports of Copper

From whitehouse.gov

Today, President Donald J. Trump signed a Proclamation to address the effects of copper imports on America’s national security, including by imposing tariffs on several categories of copper imports. The Proclamation imposes universal 50% tariffs on imports of semi-finished copper products (such as copper pipes, wires, rods, sheets, and tubes) and copper-intensive derivative products (such as pipe fittings, cables, connectors, and electrical components), effective August 1. The copper 232 tariffs apply to the copper content of a product; non-copper content of a product remains subject to reciprocal tariffs or other ... (full story)

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  • Category: High Impact Breaking News