<ul data-eligibleForWebStory="false"><li>President Trump announced 50% tariffs on copper imports starting August 1, 2025, citing national security reasons.</li><li>The tariffs on copper may raise prices for industries such as Semiconductors, Aircraft, Data Centers, Lithium-ion Batteries, and could lead to higher energy bills for consumers.</li><li>The U.S. copper industry, which is small compared to steel, heavily relies on imports, with Chile being a significant supplier.</li><li>Economists warn that the tariffs could strain foreign trade relations and the U.S. lacks the infrastructure for immediate self-sufficiency in copper production.</li></ul>

New Copper Tariffs Could Mean Price Hikes For Energy Bills, Cars And Electronics: Here’s What You Need To Know

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