The decision was made after he received a national security assessment, U.S. President Donald Trump said in a post on Truth Social. Copper prices rose 2.62%, following Trump’s latest announcement. The U.S. imports nearly half of the copper it uses. Copper wires at a recycling facility in Salt Lake City, Utah, US, on Thursday, May 8, 2025. Niki Chan Wylie | Bloomberg | Getty Images
U.S. President Donald Trump said Wednesday that the 50% tariff on copper imports, which he had announced the previous day, will take effect on Aug. 1.
The decision was made after he received a national security assessment, Trump said in a post on Truth Social.
“I am announcing a 50% TARIFF on Copper, effective August 1, 2025, after receiving a robust NATIONAL SECURITY ASSESSMENT,” Trump wrote.
“Copper is necessary for Semiconductors, Aircraft,