President Donald Trump announced a new 50% tariff on copper imports to the US, set to take effect by the end of July, as part of a broader strategy to protect American industries.

• US imported about 810,000 metric tons of refined copper last year, with Chile being the largest supplier.
• Howard Lutnick, Commerce Secretary, expects Trump to formalize the tariff decision soon.
• The move raises uncertainty in the industry, as some are awaiting specific exemptions for certain countries and products.