georgemiller
Publish Date: Thu, 10 Jul 2025, 00:51 AM

WASHINGTON, July 9 (Reuters) - U.S. President Donald Trump announced on Wednesday a 50% tariff on copper, saying on social media that it would be effective August 1 and that the decision was made after a national security assessment.
"Copper is necessary for Semiconductors, Aircraft, Ships, Ammunition, Data Centers, Lithium-ion Batteries, Radar Systems, Missile Defense Systems, and even, Hypersonic Weapons, of which we are building many," Trump said in a post on Truth Social.
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Trump signaled on Tuesday that he was imposing fresh tariffs on copper, sending U.S. Comex copper futures to record highs.
https://www.reuters.com/world/us/trump-announces-50-tariff-copper-effective-august-1-2025-07-10/