Trump slaps universal 50% tariff on copper imports; metal's price plunges
CNBC Televisionยท2025-07-30 21:30
The president finalized that national security investigation and said copper tariffs will move to 50% beginning on Friday. This is pretty sweeping. It's going to cover all semi-finish products as well as some derivative products as well.And within 90 days, he says in the executive order he could expand it further to include even more derivative products. We saw major moves in copper contracts. Tomorrow's copper contracts, given that markets are closed for today, down 18% at one point.The last time it saw a ...