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Trump's copper tariffs pile more metal misery on US auto industry
U.S. President Donald Trump's threat of a 50% tariff on copper imports is raising alarm in the U.S. auto sector, as it could make it even harder for carmakers and suppliers to absorb border taxes and rising costs,
Trump's 50% copper tariff could raise the cost of appliances, EVs and other goods, experts warn
Manufacturers and construction companies — as well as consumers — would face higher prices if the U.S. jacks up tariffs on copper, analysts said.
Trump Says 50% Tariffs on Copper Imports Will Start Aug. 1
President Donald Trump said his 50% tariff on copper imports will take effect on Aug. 1, noting he made the decision after a national security assessment.
Trump's copper tariffs plan to include semi-finished products, Bloomberg News reports
U.S. President Donald Trump's plans to impose 50% tariffs on copper would include semi-finished products such as those used for power grids, the military and data centers, Bloomberg News reported on Thursday,
Tariffs to bring copper production to U.S. is not the most effective: TD Cowen's Craig Hutchison
Craig Hutchison, TD Cowen base metals equity research analyst, joins 'Squawk Box' to discuss which stocks can benefit from Section 232 tariffs, the broader goal of tariffs on copper and much more.
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