The U.S. will impose a 50% tariff on copper imports starting August 1, as per an executive order signed by President Trump. This tariff applies to semi-finished and derivative copper products and will be in addition to existing tariffs. Cars and auto parts will instead be subject to previous automotive duties. The order also tasks Commerce Secretary Howard Lutnick with evaluating additional copper goods for potential tariffs and collaborating with the UK on copper trade. The decision follows a report indicating the U.S. is overly reliant on copper imports, posing national security risks. Other recommendations include phased tariffs on refined copper and a domestic sales requirement for copper inputs.

Source: https://www.supplychaindive.com/news/trump-tariffs-copper-imports-50-percent-aug-1/756378/