
Trump announced a 50% tariff on imported semi-finished copper and other products starting August 1

U.S. President Trump announced a 50% tariff on imported semi-finished copper and copper-intensive derivative products starting August 1. This move could lead to increased costs for U.S. manufacturers, significantly impacting the manufacturing industry
On July 30 local time, the White House announced that U.S. President Trump declared a 50% universal tariff on imported semi-finished copper products and copper-intensive derivatives, effective August 1. On July 9, U.S. President Trump announced that a 50% tariff would be imposed on all copper imported into the United States starting August 1. U.S. media warned that this move could lead to soaring costs for American manufacturers, delivering a heavy blow to U.S. manufacturing. (CCTV)
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