https://newsletter.mw.creamermedia.com
Copper|Industrial|Mining|Steel
Copper|Industrial|Mining|Steel
copper|industrial|mining|steel

Trump says 50% tariff on copper imports to take effect Aug 1

10th July 2025

By: Bloomberg

  

Font size: - +

President Donald Trump said the US would begin levying a 50% tariff on copper imports from August 1, confirming a move that will batter producers of everything from automobiles to homes and appliances who rely on the industrial metal.

The levy is the latest in Trump’s series of tariffs aiming to promote mining and metal processing at home. Trump has already raised fees on steel and aluminum imports, and has signaled more sectoral levies are in the works. That’s in addition to country-by-country tariffs that the White House is finalizing with dozens of its biggest trade partners, also set to take effect on August 1.

Global producers have raced to get ahead of Trump’s planned copper levies, including in recent days shifting deliveries to Hawaii and Puerto Rico to cut shipment times. Since February, when Trump first laid out plans for the levies, global traders have sent record volumes of the metal to the US, targeting huge profits to be made on cargoes delivered before the tariffs land.

To watch Creamer Media's latest video reports, click here
 

Edited by Bloomberg

Comments

Showroom

Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 
ABB Electrification
ABB Electrification

Electrifying the world in a safe, smart, and sustainable way, ABB Electrification is a global technology leader in electrical distribution and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (04/07/2025)
4th July 2025 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.063 0.14s - 144pq - 2rq
Subscribe Now