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.
US President Donald Trump has ordered an investigation of copper imports in what is a first step toward potential tariffs on the metal. Administration officials said the White House wanted to find ways to boost US production of copper,
Copper futures climbed after President Donald Trump signed an executive action directing the Commerce Department to examine possible tariffs on the metal.
President Donald Trump is directing the government to consider potential tariffs on copper, the latest move by the White House to tax a wide array of imports and reshape global trade.
An executive order mandates a review of the threats posed by over-reliance on foreign copper, and recommendations for increasing domestic supply.
U.S. President Donald Trump on Tuesday opened yet another front in his assault on global trade norms, ordering a new probe into possible new tariffs on copper imports to rebuild U.S. production of a metal critical to electric vehicles,
The US President's copper imports investigation has contributed to rapidly escalating global trade tensions. The metal is a vital component in a number of products, and is also important for the green transition.