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President Donald Trump said he would apply a new escalation in a wider collection policy of the management that the imported copper will apply a 50% tariff.
The White House defends the director of the Economic Council President Donald Trumps Decision to apply 50% tariff to copper imports.
In an interview with this week’s “This week”, Kevin Hassett pointed out the importance of being unique in case of basic resources.
“The right line is that if there is a time of war, then we have to have the metals we need to produce American weapons,” he showed on the show on Sunday.
“And the copper is a major component in many American weapons. The President has a lot of copper in the United States, but he decided to have a lot of copper production. He said.
Trump put 50% tariff collateral on copper imports
EL Olivar Mechanism (Eteo), El Olivar, Chile, Copper Anodes sent to Chile on April 2, 2025. (Cristobal Olivares / Bloomberg)
Trump did the announcement in the last week Cabinet meeting in front of the press. He united the reconstruction of the American, industrial supply chains and companies forced the domestic materials.
“We’re coppering today,” Trump said, while noting the imported steel and aluminum, he said 50% Tariffs, Although 25% of cars and car parts are tariffs.
Copper mop of the eye as US Miners rose
Misker Cable, Moscow, Russia, Friday, February 18, 2022 in Miskro LLC Copper cable. (Andrey Rudakov / Bloomberg / Getty Images)
Self-owned tasks can be driven, but to correct the machine, especially the prices of metals in engines for wire trailers and electric vehicles, are at a high level, according to Reuters.
Trump did not show that the tariff applies to all countries or favorites. Chile is the largest copper exporter on a global scale. The United States has a free trade agreement with Chile, but the blanket tariff can cancel it if the exceptions are not carved.
Kennecott Copper, Utah, Salt Lake City, Mining Cultural outside Utah. (Getty Images / A Pictures / Universal Images Group) via Getty Images)
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Trump tariff announcement, US platform COMEX is a total of $ 5,6820 or $ 12,526 to $ 12,526, a 9,600-dollar ton of tons used as a global criterion. The price is valid in August 1.
Fox work ‘Michael Dorgan and Reuters contributed to this report.
