$TRUMP ’S 50% COPPER TARIFF SHOCKS INDUSTRY – REFINED METAL INCLUDED
1. REFINED & SEMI-FINISHED COPPER FACING 50% TARIFF
2. INDUSTRY WARNS OF SUPPLY CHAINS BREAKING
Starting August 1, Trump’s 50% copper tariff will fully include refined copper, sending shockwaves through U.S. manufacturing. The U.S. heavily relies on imports for refined and semi-finished copper – essential for energy, electronics, defense, and construction.
🇺🇸 Domestic producers can’t meet demand.
🇨🇱 Chile pushes for exemption.
🇨🇦 Canada vows to fight the “illegal” move.
📉 Short-term inventories may cushion the blow, but long-term? Expect shortages, delays, and price hikes.
Industry leaders plead: Don’t touch copper scrap exports – they’re vital for global balance, not the solution to U.S. shortfalls.
This is not just a tariff. It’s a spark that could ignite a copper crisis.