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Updated Jul 16, 2025 – Possible 50% Tariff on Copper Products
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, Ships, Ammunition, Data Centers, Lithium-ion Batteries, Radar Systems, Missile Defense Systems, and even, Hypersonic Weapons, of which we are building many. Copper is the second most used material by the Department of Defense.”
Copper prices rose 2.62%, following Trump’s latest announcement, extending its gains from the previous session when it jumped 13.12% and recorded its best one-day gain since 1989.
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Source: Lisa Ragan Customs Brokerage