Commerce Secretary Lutnick on 50% tariff on copper imports
CNBC Televisionยท2025-07-08 20:30
So copper is finished. We've done with our study. We've handed the study over to the president. The president knows that he has the ability since we've studied the market of copper to set the market tariff for copper.He announced it today at the cabinet meeting that he intends to go to 50% which will be similar to steel and aluminum which are both 50%. So copper will be 50%. And the idea is to bring copper home, bring copper production home, bring the ability to make copper, which is key to the industrial s ...