President Trump ordered Commerce to study whether tariffs are needed to reduce the U.S. reliance upon imported copper, needed for military equipment, data centers and electric vehicles.
President Donald Trump is directing the government to consider potential tariffs on copper, the latest move by the White House to tax a wide array of imports and reshape global trade.
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
President Donald Trump and members of his second administration are continuing their effort to swiftly remodel the federal government, including making far-reaching changes to personnel. On Thursday, Trump is set to meet United Kingdom Prime Minister Keir Starmer at the White House.
Doctor Copper has been trying to price in the potential for U.S. import tariffs since late January, when President Donald Trump first included the metal on his tariff wish list along with steel and aluminium.
Citi anticipates an eventual implementation of a 25% copper-specific tariff by the fourth quarter of 2025, following U.S. President Donald Trump's executive order initiating an investigation into U.S.