U.S. President Donald Trump on Tuesday ordered a probe into possible tariffs on copper imports to rebuild U.S. production of a metal critical to electric vehicles, military hardware, semiconductors and a wide range of consumer goods.
The U.S. mined about 1.1 million tons of copper in 2024, which is less than the demand in a year. Some of that copper is refined overseas.
President Trump issued an executive order (EO) requiring the US Department of Commerce (Commerce) to investigate the national
U.S. listed copper stocks shot higher today as investors took a shine to President Trump’s warning that imports of the metal could be a
China's commerce ministry on Thursday urged the United States to halt its tariff probe into copper imports as soon as possible, vowing to resolutely oppose it if U.S. goes ahead with the action.