Fact Sheet: President Donald J. Trump Takes Action to Address
the Threat to National Security from Imports of Copper
The White House
STRENGTHENING AMERICA’S COPPER INDUSTRY:Today,
President Donald J. Trump signed a Proclamation to address the
effects of copper imports on America’s national security, including
by imposing tariffs on several categories of copper imports.
The Proclamation imposes universal 50% tariffs on imports of
semi-finished copper products (such as copper pipes, wires, rods,
sheets, and tubes) and copper-intensive derivative products (such
as pipe fittings, cables, connectors, and electrical components),
effective August 1.
The copper 232 tariffs apply to the copper content of a
product; non-copper content of a product remains subject to
reciprocal tariffs or other applicable duties. These tariffs do not
stack.
The copper 232 tariffs do not stack with auto 232 tariffs. If a
product is subject to auto 232 tariffs, then the auto 232 tariffs
apply, not the copper 232 tariffs.
Copper input materials (such as copper ores, concentrates,
mattes, cathodes, and anodes) and copper scrap are not subject to
232 or reciprocal tariffs.
The Proclamation directs the Secretary of Commerce to establish
a product “inclusion” process to add copper derivative products to
these tariffs.
The President is also authorizing the Secretary of Commerce to
take steps under the Defense Production Act to support the domestic
copper industry, including:
Requiring 25% of high-quality copper scrap produced in the
United States to be sold in the United States. This will improve
access to this important feedstock for domestic fabricators and
secondary refiners.
Commerce also recommended an export licensing requirement for
high-quality copper scrap to ensure adequate domestic supply.
Requiring 25% of copper input materials (such as copper ores,
concentrates, mattes, cathodes, and anodes) produced in the United
States to be sold in the United States – starting at 25% in 2027,
increasing to 30% in 2028 and 40% in 2029. This will boost U.S.
refining capacity by ensuring low-cost inputs while domestic
refiners grow their operations.
By taking these actions, President Trump is leveling the
playing field for U.S. copper businesses to support a strong
domestic copper industry.
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CPER - I have some
Posted by EdZ on 30th of Jul 2025 at 03:02 pm
CPER - I have some Oct 34 puts. Never expected this. Cannot find any news yet.
Wow, every metal collapsing, precious
Posted by mastermind on 30th of Jul 2025 at 03:18 pm
Wow, every metal collapsing, precious or not. What is up with that?
It all seems contrarian. Above
Posted by shellson2 on 30th of Jul 2025 at 03:18 pm
It all seems contrarian. Above my pay grade
It's called an Orange IED
Posted by mla127 on 30th of Jul 2025 at 03:15 pm
It's called an Orange IED in this case ...
CPER
Posted by shellson2 on 30th of Jul 2025 at 03:13 pm
Fact Sheet: President Donald J. Trump Takes Action to Address the Threat to National Security from Imports of Copper
The White House
STRENGTHENING AMERICA’S COPPER INDUSTRY:Today, President Donald J. Trump signed a Proclamation to address the effects of copper imports on America’s national security, including by imposing tariffs on several categories of copper imports.