Action: The President announced new tariffs on copper at a rate of 50% starting August 1, 2025, following an investigation under Section 232 of the Trade Expansion Act on the impact of copper imports on US national security. Copper remains an essential input for a wide range of industries, with forthcoming tariffs likely to have an impact not only on those industries but on commodity markets and other sectors that use products manufactured with copper.Trusted Insights for What's Ahead®
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