Trump's Bold Move: Tariffs on Copper Imports

In a significant policy move, U.S. President Donald Trump has enacted a proclamation to impose tariffs on copper imports, the White House announced Wednesday.

The move mandates a 50% tariff on semi-finished copper products and copper-intensive derivatives, starting August 1, with national security cited as the primary reason for this decision.

This proclamation has initiated discussions across various sectors, particularly those dependent on copper, concerning the wider economic impact of such tariffs.

(With inputs from agencies.)