US EditionTrump May Implement Copper Import Tariffs Within Weeks: Bloomberg
- US President Donald Trump is likely to impose tariffs on copper imports within weeks, according to Bloomberg's report citing anonymous sources.
- Copper prices in New York surged 3.1 percent to a record $5.3740 per pound after the news of the potential tariffs.
- Trump warned of a possible 25 percent tariff on all copper imports, according to his statements.
- White House trade adviser Peter Navarro stated the investigation into copper tariffs would proceed quickly, characterized as 'Trump time'.
97 Articles
97 Articles
U.S. Copper Import Tariffs May Arrive Sooner Than Expected
President Trump's national security probe under Section 232 of the Trade Expansion Act of 1962, launched in February to review raw copper, refined copper, copper concentrates, copper alloys, scrap copper, and other copper derivatives imported into the U.S, directed the Commerce Department to deliver tariff recommendations to the White House within 270 days. That review process has likely been accelerated, as a new report suggests U.S. copper imp…
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WTVBSK Hynix says some customers brought forward orders ahead of US tariffs
ICHEON, South Korea :South Korea's SK Hynix, the world's second-largest memory chip maker, said on Thursday that some customers have brought forward orders in preparation for new U.S. tariffs.Speaking at the company's annual shareholder meeting, SK Hynix’s Head of Global Sales and Marketing, Lee Sang-rak, s
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