Copper-Laden Ships Race to Reach US Ahead of 50% Tariffs
- President Trump announced a 50% tariff on copper imports starting August 1 to boost U.S. copper mining and reduce reliance on foreign suppliers.
- The U.S. imports about 50% of its refined copper, primarily from Chile, Canada, Mexico, and Peru.
- The Resolution Copper Mine in Arizona has faced over a decade of delays due to environmental and regulatory issues, limiting U.S. domestic supply.
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16 Articles
President Trump Announced a 50% Tariff on Copper Imports
President Trump has announced a 50% tariff on copper imports starting August 1 to usher in copper mining in the United States, as the country has ample copper reserves, but U.S. smelting and refining capacity lags behind global competitors. This announcement follows through on an earlier statement that he would target a key metal used for semiconductors, lithium-ion batteries, renewable energy technology, and other products. In February, Trump i…
Coverage Details
Total News Sources16
Leaning Left1Leaning Right3Center1Last UpdatedBias Distribution60% Right
Bias Distribution
- 60% of the sources lean Right
60% Right
L 20%
C 20%
R 60%
Factuality
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